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UK-EU MoU on regulatory cooperation in financial services: towards a more constructive relationship?

HM Treasury has published the text of the awaited draft memorandum of understanding (MoU) on UK-EU regulatory co-operation in financial services, which has already been adopted by the...

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EU Non-Performing Loans Directive: Potential impact of implementation in some key Member States

The EU Directive (EU) 2021/2167 (NPL Directive), published in the Official Journal of the EU on 8 December 2021 and regulating the sale, purchase and servicing of both consumer and...

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Global Payments Newsletter, April 2023

Key developments of interest over the last month include: the UK FCA’s publication of a portfolio letter to payments and e-money firms; the U.S. Federal Reserve announcing the July...

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Global Payments Newsletter, February/March 2023

Key developments of interest over the last two months include: the Central Bank of Ireland publishing a Dear CEO letter to the payments industry; the Bank of England and HM Treasury...

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Global Payments Newsletter, January 2023

Key developments of interest over the last month include: the UK Treasury publishing a review and call for evidence on the Payment Services Regulations 2017 and a post-implementation review ...

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Belgium - New guidance in relation to funds’ marketing communications

A new Belgian Royal Decree and updated guidelines from the Belgian FSMA apply to funds’ marketing communications in Belgium.

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Global Payments Newsletter, December 2022

Key developments of interest over the last month include: the UK government announcing a package of financial services regulatory reforms (the “Edinburgh Reforms”) to drive...

News

EU consumer credit legislation in the digital era: Political agreement on CCD II reached

The Council of the EU and the European Parliament have reached provisional political agreement on the proposed Directive on consumer credits to revise and replace the Consumer Credit...

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Global Payments Newsletter, November 2022

Key developments of interest over the last month include: discussions over tightening crypto regulation in Europe and Asia; digital currency pilots in India and the U.S.; and UK Payment...

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