As the evolution of payments continues at a rapid pace it is important that industry participants are up to date on the regulatory developments supporting and guiding these developments. This publication outlines the key...more
On 27 June, our cross border team held a dynamic discussion on CRD 6: Third Country Branches covering an overview of the key changes introduced by the directive.
We discussed the impact of the new authorisation requirements...more
On 22 December 2021, the Luxembourg financial sector authority, the Commission de Surveillance du Secteur Financier (the “CSSF”), published three sectoral circulars (CSSF Circulars 21/788, 21/789 and 21/790) which aim at...more
Key developments of interest over the last month include: • United Kingdom: The Payment Systems Regulator (PSR) has published two calls for views, one of which focuses on authorised push payment (APP) scams and the other on...more
The current situation is fast-moving. The information below reflects our understanding of payment moratoria measures and other reliefs related to the COVID-19 pandemic as at 9 June 2020. In many cases the legislation,...more