FCA Unlikely To Revisit 18-Month Strong Authentication Delay
The Financial Conduct Authority (FCA) has not ruled out altering its 18-month enforcement delay of …
Canada: Payments Canada Consults on Policy Proposals for Its New High-Value Payments Systems
On October 10, 2019, Payments Canada launched a consultation on a proposed policy framework for its …
Cayman Islands: Government Announces AML Requirement for Beneficial Ownership Register
On October 9, 2019, the government of the Cayman Islands published an announcement titled “Commitment by …
Slovakia: Parliament Approves Draft Law for Transposition of 5th AMLD
On October 9, 2019, the government approved the bill amending Act No. 297/2008 Coll. on protection …
UK: Government Publishes No-Deal Readiness Report
On October 8, 2019, the government published a no-deal readiness report. As the country prepares to leave …
Travel Retailers Report 'Transparency Issues' Over Card Costs
A major retail association representing the travel sector says its members have reported “serious transparency …
Finland: Government Approves Cybersecurity Strategy 2019
On October 4, 2019, the Finnish government announced it had approved a decision on the Cybersecurity …
Despite Legislative Progress U.S. Cannabis Banking Plan Far From SAFE
Further legislative and regulatory action is needed to clear the lingering haze around the banking …
Sweden: Ministry of Finance Proposes Bill on Obligation for Credit Institutions to Provide Physical Access to Cash and Places for Cash Deposits
On October 1, 2019, the Ministry of Finance submitted proposals for a new law that …