Exclude Big Tech From Open Finance Framework, MEPs Say
Big tech “gatekeepers” such as Meta and ByteDance should not be eligible to participate in …
Week In Crypto: FCA Seeks Quality, Not Quantity, In Crypto Registrations
The UK’s Financial Conduct Authority (FCA) says it will continue to enforce a high bar …
Payments Providers' APP Fraud Obligations Subject To UK Consultation
The UK’s Payment Systems Regulator has opened a new consultation looking at the compliance requirements …
Consider Compliance Tech Impact Of New Policies, Firms Tell UK Regulators
Financial firms using compliance technology should be front of mind for UK regulators planning to …
Payments Sector Pokes Holes In EU Open Finance Proposal
The EU’s proposed open finance framework appears to lack alignment with existing legislation, notably the …
Payments Firms Using Illegal Contract Terms, Bank of Lithuania Says
Payments and e-money institutions in Lithuania have been accused of failing to comply with payment …
Bank Of Lithuania Revokes Neocard Licence
The Bank of Lithuania’s board has decided to revoke Neocard’s e-money licence over breaches of …
US Privacy Act Proposed In Bipartisan Draft
Republican and Democratic lawmakers in the US have proposed a GDPR-like privacy bill that would, …
EU Financial Institutions Invited To DORA Dress Rehearsal
The European supervisory authorities have confirmed a voluntary dry-run exercise to prepare the financial services …