The INSTEX payments instrument is still secure for the foreseeable future despite the challenges facing the Iranian nuclear deal more broadly, but the prospective mechanism remains at the mercy of...
The European Banking Authority (EBA) has issued a word of caution over the use of artificial intelligence (AI) and machine learning by financial institutions, as the authority seeks to better...
New European rules governing virtual currency operators come into effect in the UK today, despite concerns that a rushed schedule and lack of guidance could leave businesses in the lurch.
Senior European figures are downplaying the possibilities of a comprehensive post-Brexit agreement on financial services as the January 31 exit date approaches.
PSD2 entered into force on January 13, 2018 repealing Directive 2007/64/EC (PSD1).  The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, introduced new obligations...
The EU is consulting on the definitions and uses of virtual currencies as it looks to further standardise regulatory approaches across the bloc.
After a 2019 in which payment firms found themselves running to keep up with new regulations and the efforts of authorities to fill the gaps in existing laws, many — including regulators — are...
Contention over the finer points of new payments regulation continued to rage in Europe, with industry and regulators clashing over issues with new strong authentication requirements and the...
The vision of a request to pay infrastructure across Europe has taken another step towards completion with the publication of technical specifications by EBA Clearing.
A law passed on Tuesday by the European Parliament will see payment firms in member states subject to a bevy of new requirements as they are recruited into the fight against e-commerce VAT fraud.
A new report to the European Commission has laid out a number of steps to be taken to further level the playing field for fintechs in the EU.
Authorised payment service providers established in three or more EU member states will be subject to supervision by a club of regulators from each jurisdiction, under new guidelines that come into...
The next phase of Europe’s anti-money laundering (AML) restructuring is taking shape, after finance ministers backed proposals to establish a new pan-EU supervisory authority and shift towards...
The European Banking Authority's (EBA) single rulebook Q&A contains information on various regulations and directives to ensure consistent and effective application of the new regulatory...
European efforts to implement new requirements around virtual currencies could see crypto-assets pushed into the revised Payment Services Directive (PSD2) by the back door, a regulator has suggested.
Estonian authorities have defended their role in recent money laundering scandals as EU figures continue to press for greater centralisation of power as a response to perceived failings by member...

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