This guide explores the gambling payments landscape in Sweden as sculpted by the Gambling Act (2018:1138) and its cross references to the Payment Services Act (2010:751), along with all relevant...
Both gambling operators and payment institutions are required to adhere to the licensing regimes within the country. This Q&A provides key information on the applicable gambling and payments...
The Dutch government has laid out an ambitious programme of reform for its anti-money laundering efforts, with recent high-profile failures nipping at the country’s heels ahead of a major review of...
The UK’s Payment Systems Regulator has suggested that the upper limit for the country’s real-time interbank fund transfer system could be raised to £20m, although experts are warning of the fraud...
The Swedish government (Regeringskansliet) has published a memorandum containing proposals for strengthening consumer protection when payment services are provided....
Royal Decree-Law 19/2018 came into force on November 25, 2018 transposing the revised Payment Services Directive (PSD2). Spain transposed the 4th Anti-Money Laundering Directive (4th AMLD) by...
On June 27, 2019, the Payment Systems Regulator (PSR) published a report that updates on the progress made to the access and governance of payment systems. The report provides information on the...
On June 28, 2019, the European Payments Council (EPC) published a consultation on electronic invoice presentment and payment (EIPP): ISO 20022 Business Justification and Message Definition Report....
The UK’s Financial Conduct Authority (FCA) has become the first national regulator to formally acknowledge EU plans for extending the implementation period for new strong authentication rules,...
From September, European firms will need to tread even more carefully around their operations in third countries when it comes to anti-money laundering (AML) — but idiosyncratic data protection...
The Reserve Bank of India has brushed aside pleas from global payments giants and pushed ahead with strict controls over data storage, despite suggestions from the government that it was...
On June 26, 2019, the Reserve Bank of India (RBI) published a set of FAQs on the storage of payment system data to ensure compliance with the data processing and storage guidelines by all payment...
Firms in Malta continue to under-report suspect transactions, the country’s financial investigators have said, despite a doubling in the number of suspicious transaction reports received over the...
UK regulators are upping pressure on regulated payments businesses that incorporate unregulated crypto-assets into their product offering — but industry groups believe that distinction is not yet...
Abiding by the ever-expanding reach of global sanctions laws is a growing worry for compliance teams at payment firms and banks, and the UK’s departure from the European Union could be about to...
The U.S. threatened to cut off foreign financial institutions from U.S. correspondent banking networks on Monday night as President Donald Trump issued sweeping new sanctions against Iran’s leaders.

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