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...
The European Banking Authority (EBA) has finalised authorisation requirements for payments firms under incoming EU reforms, amending criteria for new third-party services following industry...
The UK Financial Conduct Authority has revealed that its influence over its continental counterparts is dwindling after the UK’s decision to leave the European Union.
The UK’s ambitious open banking project has been hailed as a world-leading programme of reform, yet has faced criticism for its complex and opaque structure. With the deadline for EU payments...
The Uniform Law Commission (ULC) is set to vote on its proposed virtual currency bill, an attempt to harmonize divergent state-level interpretations of how the payments technology should be...
A flurry of initial coin offerings (ICOs) — where fintech start-ups, online gambling operators and others raise funds through virtual currency sales — has not gone unnoticed by regulators.
The Bank of England reveals details of its work with innovators involved in its Fintech Accelerator programme; the Financial Conduct Authority opens a second PSD2 consultation on proposed changes...
The UK government has published its long-awaited Repeal Bill, which will ultimately be used to transfer current European law into national statute books once the UK has left the union.
European banks have been accused of sabotaging certain third-party business models under the revised Payment Services Directive (PSD2) by developing multiple separate account access mechanisms.
The Bank of England has published summaries of the third round of proofs of concept (PoCs) completed by its fintech accelerator. A year after the launch of the fintech accelerator, the central...
Fintech firms are arguing that the European Banking Authority's rejection of a back-up interface for third-party account access directly contradicts the revised Payment Services Directive (PSD2).
Switzerland is pushing through reforms to the country’s strict prudential regime that legislators hope will make it easier for fintechs to enter the market and improve competition in the financial...
The staggered nature of EU-led payments reforms is causing uncertainty for the UK financial sector, experts believe, as authorities scramble to finalise accompanying guidance before January.
European regulators have tweaked how fraud insurance cover for third parties is calculated under incoming payments reforms, although industry stakeholders remain concerned about whether the rules...
On July 5, 2017 the Swiss Federal Council adopted new amendments to the Banking Ordinance which are expected to ensure clearer access to the fintech market and the competitiveness of the Swiss...
The National Crime Agency (NCA) has published the National Strategic Assessment of Serious and Organised Crime for 2017, which provides information on threats from serious and organised crime and...

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