On December 14, 2018, EMVCo, in line with its vision to facilitate worldwide interoperability and acceptance of secure payment transactions, released an updated version of the EMV® 3-D Secure (3DS)...
On June 23, 2019, the Bank for International Settlements (BIS) released a report discussing the emerging opportunities and associated risks that big tech activity in the financial sector presents....
On June 21, 2019, the Financial Action Task Force (FATF) adopted and issued an Interpretive Note to Recommendation 15 on New Technologies (INR. 15), which clarifies FATF’s previous amendments to...
On June 20, 2019, the Standing Committee on Public Safety and National Security in the House of Commons released a report on cybersecurity in the financial sector as a national security issue. ...
On June 20, 2019, the Icelandic parliament (Althing) announced its approval of amendments to various laws relating to the merger of the Central Bank of Iceland and the Financial Supervisory Author...
On June 21, 2019, the Consumer Ombudsman (Forbrugerombudsmanden) published a statement about the acceptance of cash as well as other means of payment in stores. The statement says that if a store...
On June 19, 2019, the Euro Banking Association (ABE-EBA), a practitioners’ body for banks and other service providers supporting a pan-European vision for payments through its initiative SMART2,...
On June 20, 2019, the Standing Senate Committee on Banking, Trade and Commerce published its final report entitled “Open Banking: What it Means for You”. In 2018, the committee was authorised by...
On June 19, 2019, the Financial Supervisory Authority published the principles for determining penalties and fines. When determining the changes to the principles published in 2015, the regulator...
On March 27, 2019, the Malta Financial Services Authority (MFSA) launched, in cooperation with the Financial Intelligence Analysis Unit (FIAU), a public consultation regarding guidance for credit...
On June 19, 2019, the Reserve Bank of New Zealand issued a consultation paper on the future of cash in the country, which assesses the significance of cash in society and its trends as the demand...
On June 18, 2019, the Law Commission published a report on the suspicious activity reporting (SARs) regime, which lays out the commission's recommendations on improving the UK's anti-money...
On June 17, 2019, the Malta Financial Services Authority (MFSA) issued its finalised guidance notes on cybersecurity, setting out the minimum set of best practices and risk management procedures to...
The General Data Protection Regulation (Regulation 2016/679), also known as the GDPR, significantly increases the responsibilities and obligations for payments businesses in how they collect and...
On September 8, 2017 a consultation was launched in Portugal for public and private entities to express their opinion on several matters regarding the implementation of the General Data Protection...
On June 14, 2019, the Australian Treasury released a consultation paper on the second version of a draft designation instrument for the application of the Consumer Data Right to the banking sector....

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