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Updates on the Open Banking System in Brazil

Open banking in Brazil, the system created by the Brazilian Central Bank for the sharing of data, information and financial services, is moving forward to its fourth stage.


And so it continues: FCA Policy Statement on changes to SCA-RTS and Payments Approach Document

Following on from the consultation paper issued in January 2021, the FCA has now published a Policy Statement setting out the amendments which will be made to the SCA-RTS and to the...


Global Payments Newsletter, November 2021

Key developments of interest over the last month include: Nigeria: eNaira digital currency launched United Kingdom: PSR publishes final report on card-acquiring services market review U...


Operational resilience regulation and Transitional Services Agreements in M&A transactions
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Transitional services agreements (“TSAs”) are familiar ground for transactional teams, and are particularly important where key technology systems are required for the continued ...


Card-acquiring services: PSR to work on increasing searching and switching of majority of merchants

Due to its concerns that card-acquiring services might not be offering value for money for merchants, the PSR decided to conduct a comprehensive review of the card-acquiring sector...


UK Financial Services Future Regulatory Framework Review: HM Treasury publishes proposals for reform

HM Treasury has published its long awaited Future Regulatory Framework (FRF) Review consultation with proposals for reforms to the UK’s financial services regulatory framework to keep ...


Financial Services Regulatory Initiatives Forum publishes latest edition of Regulatory Initiatives Grid

The fourth edition of the Financial Services Regulatory Initiatives Grid has been published today by the Financial Services Regulatory Initiatives Forum. Amongst the initiatives included in ...


Global Payments Newsletter, October 2021

Key developments of interest over the last month include: United Kingdom: HM Treasury responds to Payments Landscape Review call for evidence Hong Kong: HKMA publishes white paper...


Non-fungible tokens: NFTs and the silence of the EU legislator

You might expect that the European Commission, eager to act as an innovative regulator, would have non-fungible tokens, NFTs, firmly on their radar and to have dedicated a relevant...

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