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Jan 13, 2025 | 
jdsupra.com | James Black |Jonathan Chertkow |Charles Elliott
January 13, 2025 James Black, Jonathan Chertkow, Charles Elliott, Sharon Lewis, Charlie Middleton, John Salmon, Lavan Thasarathakumar, Roger Tym, Christina Wu Hogan Lovells + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: In our previous Comparative Guide, we explored innovations in private forms of digital money and money-like instruments available to retail customers, including fiatreferencing stablecoins, e-money and tokenised...
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Oct 31, 2024 | 
jdsupra.com | Charles Elliott |Virginia Phillips Montgomery
October 31, 2024 To embed, copy and paste the code into your website or blog: [co-author: Erin Davies] Key developments of interest over the last month include: the UK FCA publishing a consultation on two-stage reforms to the payments and e-money safeguarding regime; the U.S. Consumer Financial Protection Bureau announcing a Personal Financial Data Rights rule to accelerate responsible open banking; and the Monetary Authority of Singapore consulting on its regulatory approach to digital token...
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Sep 25, 2024 | 
jdsupra.com | Charles Elliott |Virginia Phillips Montgomery
[co-author: Erin Davies] Key developments of interest over the last month include: the UK Payment Systems Regulator publishing a policy statement on directing APP scams reimbursement for CHAPS payments and final guidance on distinguishing between APP scam claims and civil disputes; the Singapore government’s Ministry of Home Affairs seeking feedback on a Protection from Scams Bill to empower police to restrict voluntary bank transfers to scammers; and the Qatar Financial Centre publishing a...
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Sep 25, 2024 | 
lexology.com | Charles Elliott |Virginia Phillips Montgomery |Erin Davies
Key developments of interest over the last month include: the UK Payment Systems Regulator publishing a policy statement on directing APP scams reimbursement for CHAPS payments and final guidance on distinguishing between APP scam claims and civil disputes; the Singapore government’s Ministry of Home Affairs seeking feedback on a Protection from Scams Bill to empower police to restrict voluntary bank transfers to scammers; and the Qatar Financial Centre publishing a new digital assets framework.
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Sep 11, 2024 | 
jdsupra.com | Charles Elliott |Virginia Phillips Montgomery
September 11, 2024
To embed, copy and paste the code into your website or blog:
The FCA has published a report setting out its findings from follow-up work on payment account access and closures, together with the results of independent research on the experiences some of the most financially excluded consumers face when accessing and using financial products and services.
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Sep 10, 2024 | 
lexology.com | Charles Elliott |Virginia Phillips Montgomery
The FCA has published a report setting out its findings from follow-up work on payment account access and closures, together with the results of independent research on the experiences some of the most financially excluded consumers face when accessing and using financial products and services. The FCA focuses on the need for improved access to Basic Bank Accounts and for firms to review onboarding/offboarding customer journeys and associated policies and procedures through a Consumer Duty lens.
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Aug 2, 2024 | 
jdsupra.com | Charles Elliott |Virginia Phillips Montgomery
The Payment Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have launched a joint call for information on the opportunities and risks of digital wallets for people and businesses. This comes as recent data from the FCA’s Financial Lives survey suggests that the rapid growth in the use of digital wallets means it’s likely that more than half of UK adults now use one to some extent, and the proportion of retail payments involving a digital wallet is also on the up.
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Aug 1, 2024 | 
lexology.com | Charles Elliott |Virginia Phillips Montgomery
The Payment Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have launched a joint call for information on the opportunities and risks of digital wallets for people and businesses. This comes as recent data from the FCA’s Financial Lives survey suggests that the rapid growth in the use of digital wallets means it’s likely that more than half of UK adults now use one to some extent, and the proportion of retail payments involving a digital wallet is also on the up.
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Jul 17, 2024 | 
jdsupra.com | Charles Elliott |Virginia Phillips Montgomery
July 17, 2024 To embed, copy and paste the code into your website or blog: [co-author: Ada Nourell] Key developments of interest over the last month include: the Bank of Italy’s communication on unauthorised payment transactions; the Reserve Bank of Australia’s announcement of an upcoming review into retail payments regulation; and European Banking Authority publishing a statement and 2024/25 supervisory priorities for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) under...
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Jul 17, 2024 | 
lexology.com | Charles Elliott |Virginia Phillips Montgomery |Ada Nourell
Key developments of interest over the last month include: the Bank of Italy’s communication on unauthorised payment transactions; the Reserve Bank of Australia’s announcement of an upcoming review into retail payments regulation; and European Banking Authority publishing a statement and 2024/25 supervisory priorities for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) under MiCA.
