Bank of Lithuania’s Position on Virtual Assets and Initial Coin Offering
On February 14, 2019, the Bank of Lithuania issued its position on virtual assets and …
Maltese Regulator Revokes Licence Of Remittance Firm
Malta has revoked the licence of a payment institution for the second time in three …
Thailand Reforms Customer Due Diligence Rules Framework
On May 14, 2020, the Ministerial Regulation on Customer Due Diligence (B.E. 2563/2020) (กฎกระทรวงการตรวจสอบเพื่อทราบข้อเท็จจริงเกี่ยวกับลูกค้าพ.ศ. ๒๕๖๓) …
News In Brief - July 31, 2020
The UK Payment Systems Regulator (PSR) has welcomed cash machine network LINK’s decision to scrap …
EU Data Watchdog Takes Issue With Financial Crime Information Sharing
The EU’s data protection watchdog has said privacy rights could be violated if law enforcement …
UK Government Targets Card Payments In Sweeping Regulatory Review
A sweeping review of the UK’s “payments landscape” will focus on how to break the …
Finablr Subsidiary Halts Operations In Deal With UK Regulator
A subsidiary of money transfer giant Finablr agreed to stop all payment services activity last …
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 …