UK: FCA Publishes Statement on Brexit Preparations
On June 27, 2018, the Financial Conduct Authority (FCA) published a statement on how the …
Maldives: Monetary Authority Consults on Instant Payments for Payment System Development Project
On January 31, 2019, the Maldives Monetary Authority (MMA) published a request for information on …
Mauritius: Central Bank Publishes National Payment Systems Act
On January 31, 2019, the Central Bank of Mauritius issued a notice on its official …
Anti-Corruption Experts Rail Against Brazil's Shock PEP Reforms
Brazil’s central bank has caused uproar by proposing to drop relatives and close associates from …
India: Reserve Bank Consults on Authorisation of New Retail Payment Systems
On January 21, 2019, the Reserve Bank of India (RBI) published a policy paper on …
Australia: Payments Council Seeks Feedback on Payments in a Global Digital World
On January 22, 2019, the Australian Payments Council (APC), a strategic coordination body for the …
No-Action Plan Could Spur Action In Fintech Sandbox, Former CFPB Official Says
A plan by the U.S. Consumer Federal Protection Bureau (CFPB) to revamp its no-action letter …
Brazil: Non-Banks Eye Direct Access As Instant Payments Take Shape
Brazil’s central bank and financial regulator is set to crack open the country’s fund transfer …
U.S. Processors Face Wire Act Dilemma After Online Gambling U-Turn
Payment providers serving the U.S. online gambling market face legal uncertainty after a decision by …