Hogan Lovells Global Payments Newsletter l June 2015
Hogan Lovells has just published the June edition of its Global Payments Newsletter containing the latest updates on payment technology and policy-related developments from around the world. Notable items in the June edition include:
The UK being one of three EU countries indicating that they will not adopt EBA guidance on the security of payments on the internet;
- China opening its market for bank card clearing to foreign competition in the aftermath of a complaint from the USA; and
- The publication of the Multilateral Interchange Fee Regulation in the Official Journal of the European Union, and the CMA's decision to close investigations into MasterCard and Visa's interchange fee arrangements.