Lithuania: Right of Electronic Money Institutions and Payment Institutions to Access Bank Accounts Opened with Credit Institutions
On May 28, 2020, the Bank of Lithuania released a position paper concerning the right …
A 'Step Change' In Supervision: The FCA's Crackdown On Payments Comes After Years Of Little Scrutiny
Soon after the UK financial watchdog gave a small payment institution licence to Allied Wallet …
Fintechs Key Driver For Payment Innovation In Hungary
An increasing number of innovative fintechs “generates fierce competition for the banking sector”, Hungary’s central …
Lithuania Keeps Crown As Destination Of Choice For Payment Firms
Enthusiasm for Lithuania as a destination for payment and e-money firms shows no sign of …
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 …
FCA Raps Firms For Range Of Failings In 'Dear CEO' Letter
UK regulated firms must improve their performance across a range of areas, the Financial Conduct …
UK Watchdog Clarifies Safeguarding Rules
The UK’s Financial Conduct Authority (FCA) has finalised temporary guidance on safeguarding customer funds by …
Gambling Payment Blocking Must Be Available For All, Says Research
Researchers are demanding gambling payment blockers be improved and made available to all UK card …