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On 9 November the API Evaluation Group published its long awaited statement of recommended functionalities for the APIs banks and other payment service providers – ASPSPs- will be...
Blog Post
In the midst of the raft of Brexit related statutory instruments being published by the government in recent weeks, HM Treasury has published a draft version of the Payment Accounts...
Blog Post
The FCA has recently published its plans to extend the scope of the FOS regime and also to increase the compensation awards which can be made.
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In a very short judgment the CJEU has decided that an online direct savings account which permits unlimited access to funds, but only through an intermediate reference (current) account, is ...
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The FCA held a workshop last week on Customers in Vulnerable Circumstances which focused on its approach to ensuring inclusive and fair treatment of vulnerable consumers in the financial...
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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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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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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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Anyone who has pressed (or hoped) for reform of the current UK consumer credit regime is likely to be disappointed by the FCA's eagerly awaited interim report on its review of the Consumer...
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The FCA has published Policy Statement 18/19 containing its final rules on creditworthiness assessments. Although the rule changes are meant to be minimal, it is likely that firms will need ...
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The second Payment Services Directive (PSD2) includes requirements in relation to the processing of data, but they do not work very well in conjunction with the General Data Protection...
