News
Global Payments Newsletter, June 2022
29 June 2022
Key developments of interest over the last month include: UK Payment Systems Regulator announces two market reviews on card fees; Reserve Bank of India publishes Payments Vision 2025; and...
Publications
News
FCA supervisory strategy for mainstream consumer credit lenders:
28 June 2022
The FCA has published a portfolio letter on its supervisory strategy that it has sent to Mainstream Consumer Credit Lenders (MCCLs). This follows on from its previous review of the MCCL...
News
Market abuse surveillance: How to get it right
27 June 2022
Identifying and reporting instances of potential market abuse is required under the Market Abuse Regulation ('MAR'). A firm must have effective arrangements, systems and...
News
Draft with care – Hong Kong court highlights the importance of proper pleadings
23 June 2022
The Hong Kong Court of First Instance case has denied declaratory and payment order relief sought by a company that had been the victim of cyber fraud because of issues with their...
News
Buy-Now Pay-Later: HM Treasury sets out the government's approach to regulating the market
22 June 2022
Hot on the heels of the government's commitment to reform the Consumer Credit Act 1974, HM Treasury has published the response to its October 2021 consultation on the scope and form of...
News
eRIIS, a CSSF web platform for filings under the transparency law and the market abuse regulation
21 June 2022
The Commission de Surveillance du Secteur Financier (CSSF) has launched a new web platform called eRIIS which stands for electronic Reporting of Information concerning Issuers of Securities ...
News
UK Consumer Credit Act 1974: Government Commits To 'Ambitious Long-Term Reform'
17 June 2022
Almost 50 years after its entry into force, HM Treasury has announced a commitment to reform the Consumer Credit Act 1974 (CCA) with a plan to consult on the direction of reform by the end...
News
National Security and Investment Act: first Annual Report published
16 June 2022
The UK Government has published its first Annual Report on the functioning of the recently implemented National Security and Investment regime, which gives the Government the power to...
News
UK Treasury proposes a law to regulate ‘critical’ third party service providers in finance sector
16 June 2022
On 8 June 2022, HM Treasury published its policy statement, outlining a proposal to regulate third parties to financial services and financial market infrastructure firms (“Firms&rdquo...
