Payments Firms In Limbo After EU Court Pierces Data Shield
Data transfers by payment service providers to countries outside the EU may need to be …
UK Financial Regulator Vows To Improve After Scathing Complaints Report
The Financial Conduct Authority has said it is enhancing its complaints regime after a stinging assessment …
Dubai: New Data Protection Law and Regulations
On June 1, 2020, the Vice President and Prime Minister of the United Arab Emirates …
Resolution On Stronger AML Rules Sails Through European Parliament
The European Parliament has overwhelmingly voted in favour of a resolution backing the introduction of …
United States: Overview of Follow-Up Process Following Adoption of FATF Mutual Evaluation Report
The Financial Action Task Force (FATF) published its third enhanced follow-up report and technical compliance …
EU Anti-Money Laundering Overhaul Shapes Up With Parliament Support
European Union lawmakers are set to back the bulk of the European Commission’s plans for …
Devil Is In the Detail of European Commission's AML Ambitions
The European Commission’s plans to overhaul Europe’s anti-money laundering (AML) framework could lead to more effective …
Swedish Law on How to Market Payment Methods in E-Commerce
On April 3, 2020, the Swedish government published Act SFS 2020:176 concerning the presentation of …
News In Brief - June 22-June 23
Merchants renew their plea for an extension to the deadline on the EU rules on strong customer …