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FIsion Blog

A watching eye on financial services regulation

HMT looks to create payments parachute for a cliff-edge Brexit

HM Treasury's draft Brexit Regulations for UK payment services and e-money activity aim to soften the practical impact of the EEA suddenly becoming, to all intents and purposes, a third...

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Extending PRIN and BCOBS to payment services and e-money: a question of enforcement?

The FCA is proposing to bring payment services and e-money within the scope of the Principles for Businesses (PRIN) and provisions relating to communication standards under the Banking...

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U.S. Treasury FinTech report: Regulation in need of extensive changes

The U.S. Department of Treasury's recent report on FinTech regulation and innovation generally finds that while financial institutions and tech firms have embraced the shift to digital...

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Contactless mobile payments: PSR report keeps future regulatory options open

Whilst the UK Payment Systems Regulator's recently published report into the contactless mobile payments (CMP) sector is generally good news for the industry, this isn't the end of the...

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Changes to current account information requirements: to be implemented next week

The FCA has published further changes to new current account information requirements which were originally finalised last December. Discussions with the industry had revealed that some of...

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