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UK Competition and Markets Authority (CMA) Payment Systems United Kingdom

Hogan Lovells

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

Hogan Lovells on

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

A&O Shearman

UK Payment Systems Regulator Publishes Response to Call for Views on Expanding Variable Recurring Payments

A&O Shearman on

The U.K. Payment Systems Regulator has published a response to its call for views on proposals for the expansion of variable recurring payments. VRPs allow customers to safely connect authorised payment providers to their...more

A&O Shearman

UK Proposes Design of the Future Entity for UK Open Banking

A&O Shearman on

On April 19, 2024, the U.K.'s Joint Regulatory Oversight Committee published proposals on the design of the future entity for UK Open Banking. The JROC is composed of the Financial Conduct Authority, the Payment Systems...more

Latham & Watkins LLP

HM Treasury Responds to the Call for Evidence on Regulatory Coordination

Latham & Watkins LLP on

Financial Services Regulatory Initiatives Forum and the Regulatory Initiatives Grid to be introduced this summer. On 11 March 2020, HM Treasury published its response to the Call for Evidence on Regulatory Coordination....more

A&O Shearman

Key Regulatory Topics: Weekly Update 8 March - 14 March 2019

A&O Shearman on

BREXIT - On 7 February, ordinance no. 2019-75 relating to the preparatory measures in connection with the United-Kingdom’s withdrawal from the European Union in respect of financial services (the Ordinance) was published. ...more

A&O Shearman

Allen & Overy's weekly update on Key Regulatory Topics - 4 May 2018 – 10 May 2018

A&O Shearman on

BREXIT - UK Government response to HoL EU Committee report on Brexit and future of financial regulation and supervision - On 9 May, the UK Government published its response to the HoL EU Sub-Committee on Financial...more

Orrick - Finance 20/20

CMA Publishes Finalized Versions of Regulated Payment System Appeals Rules and Guide

Orrick - Finance 20/20 on

On August 18, 2017, the Competition and Markets Authority (“CMA“) published the final version of its rules of procedure (CMA65) which governs appeals made under section 79 of the Financial Services (Banking Reform) Act 2013...more

Cooley LLP

Blog: UK FCA Writes To Currency Transfer Service Providers, After MP Criticises It For Failing To Act

Cooley LLP on

The UK’s Financial Conduct Authority has e-mailed currency transfer service providers about their legal obligations, when they’re advertising exchange rates. The e-mail seems to have been sent in response to Parliamentary...more

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