The Bank of England (BoE) announced on 19 July 2017 that it is extending direct access to its real-time gross settlement (RTGS) service to non-bank payment service providers (i.e., e-money institutions and payment service...more
The FCA has published its second Policy Statement on MiFID II implementation, plus a further Consultation Paper on residual issues.
Key Points:
..The FCA has made significant changes to some proposals, particularly in...more
The Financial Conduct Authority (FCA) has provided an update on its regulatory sandbox initiative. The sandbox is part of Project Innovate, and allows businesses (whether already authorised or not) to test new offerings in...more
The European Banking Authority (EBA) has published its consultation document on security measures for operational and security risks under the revised Payment Services Directive (PSD2).
The WannaCry ransomware attack that...more
RTGS service to be interoperable with distributed ledger technology, to allow greater access and to provide sophisticated data interface for liquidity management.
There is an important opportunity for early-stage...more
UK regulator calls for submissions on potential uses, risks and benefits of distributed ledger technology in the financial services sector.
The Financial Conduct Authority (FCA) published a Discussion Paper (DP17/3) on...more
ESMA’s new Q&A clarify a number of key points on the MTF, OTF and SI regimes.
On 5 April 2017, ESMA published an updated version of its Q&A document on market structures under MiFID II. The final section has been...more
Fifth Consultation Paper and first Policy Statement issued, with the FCA’s second Policy Statement due in June.
The FCA has just published two further papers on its approach to implementing MiFID II. The first, which is...more