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As decided by the European Council on March 21st, if the British Parliament will approve by March 29th the agreement of withdrawal agreed by the UK government with the European Union, the exit of the United Kingdom from ...
BaFin, FCA und PRA agree on supervisory cooperation after Brexit.
On 9 July 2020, the UK Financial Conduct Authority (FCA) published a 'Dear CEO' letter (the "Letter") addressed to Authorised Payment Institutions and E-money Institutions ("Firms") highlighting 6 key areas where it has ...
Prompted by the COVID-19 crisis, the FCA is consulting on temporary guidance which will apply to payment service providers (PSPs) and electronic money institutions (EMIs). While the proposed guidance focuses on ...
The UK Government has announced wide-sweeping measures including an assistive financial package of at least £330 billion to help businesses cope, which business can access from today.
The second Payment Services Directive (PSD2) updates the original Payment Services Directive (PSD1) which dates back from 2007. In this article, we will discuss the most important changes in- troduced by PSD2 and the ...
On 21 June 2019, the European Banking Authority (EBA) published another Opinion on the updated Payment Services Directive (PSD2) and in particular its provisions on Strong Customer Authentication (SCA)
On 1 October 2020, as part of the UK Financial Conduct Authority’s (FCA) initiative to ensure an orderly transition and limit disruptions to the post Brexit onshoring process, the FCA published a statement outlining how ...
The Financial Stability Board (FSB) has published its report with recommendations on how to promote coordinated and effective regulation, supervision and oversight of Global Stablecoin (GSC) arrangements. Global ...
The European Securities and Markets Authority ("ESMA") has published its final technical advice ("Report") containing proposed new rules on the form and content of prospectuses, as well as the manner in which they will ...
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