The Future of E-Money Regulation in the UK: the Risk of Redefinition
Author: James Borley, Director of Payment Services HM Treasury’s consultation on the future regulatory framework for payments and electronic money may prove to be one of the most significant developments for the […]
Modernising Payment Services Regulation: Evolution, Not Revolution
Author: James Borley, Director of Payment Services HM Treasury’s Consultation Paper, Modernising Payment Services Regulation, is one of the most significant UK payments policy documents since the implementation of PSD2 […]
Football AML Compliance Services
Customer Due Diligence, Onboarding & Ongoing Monitoring for Football Clubs and Agents Helping the Football Industry Navigate Evolving Financial Crime Requirement The UK football sector is facing increased scrutiny around […]
White‑Labelling in Payments: Agent, Distributor, or Something Else?
Author: James Borley, Director of Payment Services The growth of white‑label arrangements in the payments sector has been nothing short of remarkable. As the market continues to fragment and specialise, firms are […]
The New CASS 15 Auditor Appointment Requirement: What Payment and E-Money Firms Need to Do Now
The much-reported changes to the FCA’s safeguarding regime for payment institutions and e-money institutions has introduced a significant enhancement to regulatory oversight: the mandatory appointment of an external auditor for firms within […]
FCA Intensifies the Unseen Fight Against Financial Crime
Author: Constantinos Solomonides, Consultant, Team Leader The Financial Conduct Authority (FCA) continues to ramp up its efforts to combat financial crime, emphasising deeper collaboration, intelligence-led supervision and robust enforcement. In […]
UK Financial Services Supervision: A Brief History of Time
Author: James Borley, Director of Payment Services By any measure, the UK’s approach to financial services supervision has undergone profound transformation since the modern regulatory era began in 1988. What started as a largely […]
Market Watch 85: ECCTA and Enhanced Information Sharing to Combat Economic Crime
In Market Watch 85 , the FCA provides further guidance on the practical use of the Economic Crime and Corporate Transparency Act 2023 (ECCTA) to improve inter-firm information sharing in relation to suspected economic […]
FCA Consultation Paper CP26/14 – Reforming UK IPO Research Rules
In CP26/14, the FCA is reviewing the effectiveness of the 2018 IPO research and information sharing regime, which was introduced to improve the availability of unconnected pre-deal investment research during UK equity initial public offerings (IPOs). The […]
Modernising Consumer Credit Promotions
The Financial Conduct Authority (“FCA”) is reshaping the future of consumer credit promotions. With the publication of Consultation Paper CP26/15, the regulator has signalled a major shift away from prescriptive disclosure […]