UK payment providers are fighting for survival as high street banks continue to block their access to the financial system, with incoming regulatory reforms offering scant comfort in the short...
A bill to bring the 4th Anti-Money Laundering Directive (4th AMLD) into Maltese law is now on the books, after a reprimand from the European Commission for missing the initial deadline.
Wirecard, which supports companies in accepting electronic payments from sales channels, has announced a partnership with Singtel's mobile wallet Dash to support the rollout of Singapore's first...
Payment providers will be expected to take a tougher approach to simplified due diligence as a result of recent anti-money laundering reforms, legal experts have warned.
The final round of comments for the Consumer Financial Protection Bureau’s re-imagined prepaid card rule closed on Tuesday, bringing a likely end to the heavily contested issue.
On February 13, 2017, the Ministry of Finance launched a public consultation on a draft law which seeks to transpose the revised Payment Services Directive (PSD2) into national legislation....
On July 20, 2017, the draft legislation seeking to transpose Directive 2015/849 (also known as the 4th Anti-Money Laundering Directive - 4th AMLD) and ensure implementation of Regulation 2015/847 ...
France’s reputation as a tough country for financial firms to do business is not being echoed in its approach to licensing ahead of major EU payments reforms, lawyers believe.
UK payment providers and e-money issuers have been spared from proposed Financial Conduct Authority rules holding staff personally accountable for a firm’s misconduct.
The Financial Conduct Authority's (FCA) new rule-making powers have significantly strengthened its oversight of the payment services sector, legal experts believe.
An update on member states' progress in implementing PSD2 and the 4th AMLD; the UK Serious Fraud Office is working with robots to help with complex investigations; Cambodia toughens its payments...
On July 20, 2017, the German Federal Financial Supervisory Authority (BaFin) published its annual report, providing an overview of the most significant market and regulatory events that occurred...
On April 26, 2017, the Ministry of Finance introduced draft legislation seeking to transpose Directive 2015/849 (also known as the 4th Anti-Money Laundering Directive - 4th AMLD) and ensure...
Following the delegation of powers established in Articles 11 and 12 of Law 170/2016, the Ministry of Economy and Finance has opened a public consultation on planned amendments to Legislative...
On July 19, 2017, the Bank of England (BoE) published its revised settlement account policy, which governs the settlement services to payment systems, the settlement accounts in sterling in the...
Visa and PayPal have signed an agreement aiming to increase the offer of their payments services across Europe. The companies are already collaborating in the United States and Asia-Pacific with...

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