EU Authorities Challenge Commission’s Changes To DORA And MiCA Standards
The European Commission’s positions on aspects of implementing both the Digital Operational Resilience Act (DORA) …
To Be In Scope Or Not To Be In Scope: EBA Publishes New Q&As
The European Banking Authority (EBA) has shared a new set of Q&As related to the …
No Surprises But More Complications In UK’s New Safeguarding Proposals
The Financial Conduct Authority’s (FCA) long-anticipated proposals for overhauling the payment and e-money sector’s safeguarding …
MEP Pushes For MiCA-Style Disclosure Rules For AI Technology
Concerns over the environmental impact of artificial intelligence (AI) development have surfaced in the European …
Nearly Half Of Payment Firms Not Compliant With Consumer Duty, FCA Reveals
The UK’s Financial Conduct Authority (FCA) has published findings from its review of 23 payments …
Verification Of Payee Becoming Certified Problem For EU PSPs
Verification of Payee (VoP) rules go live in the EU one year from now, and …
Poland Withdraws Payment Institution Licence
The Polish Financial Supervision Authority (KNF) has withdrawn Conotoxia’s authorisation to operate as a domestic …
Concerns Remain As £85,000 UK Reimbursement Cap Takes Effect
Despite a last-minute reduction in the cap, UK payment service providers are worried that the …
Payment Groups Express Concern Over ECB Non-Bank Access Policy
Lobbyists representing the payments and fintech industries in the EU have urged the European Central …