News & Analysis as of

Cross-Border Transactions United Kingdom Payment Systems

Hogan Lovells

Consumer Duty: UK FCA raises the bar for international payment pricing transparency

Hogan Lovells on

The FCA has published the findings from its review of firms’ approach to pricing transparency when offering UK customers international money remittance and cross border payments. It highlights proactive and clear disclosure...more

Hogan Lovells

Payments regulatory news, August 2021 #2

Hogan Lovells on

CRM code for APP scams: LSB update The Lending Standards Board (LSB) has published a press release setting out the next steps for the contingent reimbursement model code (CRM code) for authorised push payment (APP) scams. ...more

Hogan Lovells

Payments regulatory news, June 2021

Hogan Lovells on

Proposed codified EU Regulation on cross-border payments: JURI draft report - The European Parliament's Legal Affairs Committee (JURI) has published a draft report containing a draft European Parliament legislative...more

Hogan Lovells

Payments regulatory news, December 2020

Hogan Lovells on

UK payment systems: Pay.UK recommendations for adopting ISO 20022 - Pay.UK published a report containing conclusions and recommendations relating to adopting the common global messaging standard for UK payments, known as...more

Hogan Lovells

Payments regulatory news, October 2020 # 2

Hogan Lovells on

ISO 20022 migration: BoE revised approach The Bank of England (BoE) has updated its webpage on ISO 20022 with the following information. - ISO 20022 migration: BoE revised approach - The Bank of England (BoE) has updated...more

Hogan Lovells

Payments regulatory news, July 2020 #4

Hogan Lovells on

EU Regulation on cross-border payments: European Commission adopts legislative proposal. Australia: Open banking launches with the initiation of the Consumer Data Right. Customers of Australia's four major banks can choose...more

Hogan Lovells

Payments regulatory news, July 2020 #3

Hogan Lovells on

Safeguarding UK cash infrastructure: Joint Authorities Cash Strategy Group policy paper - HM Treasury has published a policy paper of the Joint Authorities Cash Strategy (JACS) Group on safeguarding the UK's cash...more

Latham & Watkins LLP

Crypto Coming of Age: UK Regulation Hits Cryptoasset Business

Latham & Watkins LLP on

New regulatory requirements, including registration and customer disclosure requirements, apply to regulated and unregulated persons carrying on relevant cryptoasset business. On 20 December 2019, the UK government published...more

BCLP

Payer Liability under PSD2

BCLP on

Under Article 74 of the Payment Services Directive (EU) 2015/2366 (“PSD2”), a payer may be required to bear the losses of unauthorised payment transactions up to a maximum of €50 provided the specified conditions are met....more

Eversheds Sutherland (US) LLP

UK Payment Systems Regulator Issues Guidance Setting Credit and Debit Interchange Caps

On March 24th, the United Kingdom’s Payment Systems Regulator (PSR) issued final guidance establishing interchange fee caps on credit and debit card transactions where the point of sale is located in the United Kingdom. The...more

10 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide