The Chilean government has passed new legislation transforming and expanding the powers of the country’s newest financial regulator, whose oversight will now include payment service providers and...
On October 18, 2019 the Australian government launched a consultation on exposure draft regulations to support the Competition and Consumer Amendment (Gift Cards) Bill 2018 and an explanatory...
On July 12, 2018, the Malta Financial Services Authority (MFSA) released a consultation paper on the Virtual Financial Assets (VFA) Rules for VFA Agents. The initiative follows the approval of the...
The revised Payment Services Directive (Directive (EU) 2015/2366), also known as PSD2, has brought a set of obligations for the European Commission, the European Banking Authority (EBA), EU member...
On July 3, 2018, the Romanian Ministry of Public Finance launched a public consultation on a draft emergency ordinance on the issuance of electronic money (e-money). Pursuant to that, on July 4,...
Industry groups and legal experts have sought to revive the UK government’s plans for an enhanced equivalence regime for financial services after Brexit, adding that it is vital payment services...
Norway has made an early start on implementing the 5th Anti-Money Laundering Directive (5th AMLD), introducing the new measures governing virtual currency exchanges despite concerns from experts...
On October 10, 2018, the People’s Bank of China (PBOC), along with ten other public bodies, published the Administrative Measures on Anti-Money Laundering and Anti-Terrorism Financing of Internet...
On April 24, 2018, Malta’s parliamentary secretary for financial services, digital economy and innovation introduced a draft Virtual Financial Assets Bill to regulate initial virtual financial...
On February 27, 2018, the government published a consultation report regarding the amendment of the Financial Market Authority Act for implementation of Regulation (EU) 2015/751 of the European...
On October 5, 2018, the Bank of Mauritius published a series of revised acts and regulations on anti-money laundering and counter-terrorist financing (AML/CTF) to update the existing framework. The...
On October 8, 2018, Chile’s financial intelligence unit (Unidad de Análisis Financiero - UAF) published a media release about the entry into force of Circular no. 57, which is applicable to all...
On October 10, 2018 the Financial Conduct Authority (FCA) published a consultation paper on the temporary permissions regime (TPR) for inbound firms and funds. The consultation sets out how the FCA...
On October 8, 2018, the Anti-Money Laundering Council (AMLC) published a media release about the forthcoming entry into force of the Guidelines on Digitisation of Customer Records (DIGICUR...
On October 8, 2018, the State Bank of Pakistan (SBP) launched a consultation seeking public feedback on its draft regulations for e-money institutions (EMIs), with the aim of facilitating the entry...
On October 5, 2018, the Central Bank of Nigeria (CBN) launched a public consultation on an exposure draft on guidelines for licensing and regulation of payment service banks (PSBs), which aims to...

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