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Payment Systems UK Payment Systems Regulator Financial Conduct Authority (FCA)

Hogan Lovells

UK Open Banking: PSR consultation response on Phase 1 expansion of Variable Recurring Payments

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The Payment Systems Regulator (PSR) has published a response to its December 2023 consultation (call for views) which set out initial proposals on how the PSR could support the expansion of Variable Recurring Payments (VRPs)...more

Hogan Lovells

Payments and e-money: UK FCA consults on two-stage reforms to safeguarding regime

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The FCA believes that there is a continuing problem with poor safeguarding practices across the industry due to poor implementation of the current regulatory framework under the Payment Services Regulations 2017 (PSRs) and...more

A&O Shearman

UK Financial Conduct Authority Reports on Payment Account Access and Closures

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This new report sets out four thematic findings from the follow-up work the FCA has carried out, which are as follows: The FCA summarizes its expectations of payment account providers, including in respect of the Consumer...more

A&O Shearman

UK Future of Payments Review Report Published

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HM Treasury has published the Future of Payments Review report, setting out the Review's recommendations for HM Treasury, the regulators and industry that aim to improve the U.K.'s existing payments landscape for consumers....more

Hogan Lovells

Global Payments Newsletter, October 2022

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Key developments of interest over the last month include: the UK Payment Systems Regulator’s proposals on mandatory reimbursement for APP fraud; the Central Bank of Ireland’s announcement of a review of the Consumer...more

Hogan Lovells

Global Payments Newsletter, June 2022

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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 U.S. Department of Commerce solicits...more

Hogan Lovells

Global Payments Newsletter, April 2020

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In this Newsletter: For previous editions of the Global Payments Newsletter, please visit our Financial Services practice page. On 3 April 2020 the European Commission issued a public consultation to help inform a retail...more

A&O Shearman

Key Regulatory Topics: Weekly Update 3 May 2019 - 9 May 2019

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BREXIT - Counter-Terrorism International sanctions guidance published On 3 May, the Secretary of State for Foreign and Commonwealth Affairs published statutory guidance, as required by section 43 of the Sanctions and...more

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