Australia: Treasury Seeks Feedback on Draft Legislation Strengthening ASIC Licensing, Enforcement and Investigation Powers
On September 11, 2019, the Treasury released a set of draft legislation for public comment, …
Hungary To Delay SCA Enforcement For 12 Months
Hungary’s central bank has announced it will allow a 12-month transition period before enforcing new …
UK Puts Payment Data Project On Ice After Industry Criticism
The UK’s Payment Systems Regulator (PSR) has announced it will delay plans for more open …
Malta Financial Supervisory Authority Releases Strategic Plan 2019-2021
On September 6, 2019, the Malta Financial Service Authority (MFSA) published its three-year strategic plan …
In Depth: UK Cash Machine Operators Call For Interchange Fee U-Turn
Cash machine operators in the UK have argued that ATM interchange fees should be set …
Irish Regulator Warns Against ‘Blind Faith’ in Transaction Monitoring Tools
Ireland’s central bank has urged financial institutions not to put “blind faith” in automated systems …
Nordic Duo Issue Details On SCA Transition Period
Authorities in Denmark have confirmed enforcement of strong customer authentication (SCA) rules will be delayed …
Industry Coalition Pleads For EBA Clarity On Strong Authentication Delay
A coalition of payments industry giants, retail groups and card schemes has written to the …
Greek Law no. 4624/2019 Transposing the General Data Protection Regulation Published in the Official Gazette
On August 29, 2019, the final text of the law transposing the GDPR provisions into Greek …