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...
Authorities in Norway and Sweden are eyeing tighter controls on payment firms processing transactions from online gambling operators, part of a wider crackdown on unlicensed activity.
On March 31, 2017 a government-appointed expert group published a proposal for a new regulation on gambling services in Sweden. This proposal aims to implement “common and sustainable gambling...
Polish authorities have told payment processors to block all transactions from illegal online gambling providers by July this year or face financial penalties, under amendments to national...
The Australian Competition & Consumer Commission (ACCC) has issued a determination denying authorisation to four banks to collectively bargain with Apple for access to its near field...
On February 17, 2017 the Ministry of Finance initiated Bill No. 287-R establishing an obligation on credit institutions, bank payment agents, bank payment sub-agents and payment agents to refuse...
According to Article 20 of the Services in the Internal Market Directive (Directive 2006/123/EC), member states must ensure that service providers established in the EU do not treat recipients of...
The European Payments Council (EPC) has published a public consultation on the Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme....
Banks and payment processors in Russia will be forced to block transactions with illegal online gambling operators if legislation is agreed by parliament.
On January 31, 2017 the Consumer Financial Protection Bureau (CFPB) issued a small entity compliance guide on remittance transfers with the purpose of providing a summary of the remittance...
Banking industry groups, retailers and super-funds are calling for legislative reforms targeting Australia’s card schemes, so that consumers are blocked from using credit cards to fund online...
The Ministry of Economy, Industry and Competitiveness, through the Spanish Treasury, has issued a public consultation paper on the transposition of the EU Payments Account Directive (PAD)....
India’s lofty plans to overhaul the country’s payments sector are being described as at odds with the nature of infrastructure, industry and education in the Asian giant.
The Court of Defence of Free Competition of Chile (TDLC), which is a special and independent judicial body subject to the superintendence directive, has proposed a series of recommendations to the...
The UK's Competition and Markets Authority (CMA) has announced that a package of remedies received from Mastercard and VocaLink might be acceptable to solve the competition concerns with regard to...
As part of proposed reforms to its AML/CTF regime, New Zealand has issued the Anti-Money Laundering and Countering Financing of Terrorism (Prescribed Transactions Reporting) Regulations 2016,...

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