Isabel Lu

Oct 9, 2024 | paw.princeton.edu | Isabel Lu

As a high school senior in nearby Bridgewater, New Jersey, and with a mother who works at the University, I have been exposed to the Princeton community by attending concerts, student dance performances, and the like. Recently, I learned the meaning of Princeton’s unofficial motto, “In the nation’s service and the service of humanity,” while working for Matthew Mahoney ’92. Since February, I have volunteered at the New York City-based nonprofit Open Hands Legal Services.

Oct 1, 2024 | lexology.com | Rebecca Hickman |Isabel Lu |Rasheda Rahman

In this edition we discuss a follow-up report from the Financial Conduct Authority (FCA) on its review of the UK Payment Accounts Access and Closures. This issue also covers recent updates from the regulators on Authorised Push Payment fraud. FCA follow-up Report: UK Payment Accounts Access and ClosuresOn 4 September 2024, the Financial Conduct Authority (FCA) published a report detailing the outcomes of its subsequent examination into the accessibility and closure of UK payment accounts.

Oct 1, 2024 | lexology.com | Rebecca Hickman |Isabel Lu

On 4 September 2024, the Financial Conduct Authority (FCA) published a report detailing the outcomes of its subsequent examination into the accessibility and closure of UK payment accounts. This report follows an initial review from September 2023, which explored access issues for both individuals and businesses. The recent findings highlight further themes and, in the paper, the FCA also sets out its proposed next steps to address the harms identified in relation to account access.

Aug 7, 2024 | lexology.com | Isabel Lu

On 15 July 2024, the Payment Systems Regulator (PSR) and Financial Conduct Authority (FCA) published a joint call for information on big tech and digital wallets. The regulators are keen to better understand the impact on UK consumers and businesses that digital wallets’ increasing popularity is creating. This section sets out the range of issues that the regulators are exploring in assessing the risks and benefits that digital wallets present.

Aug 7, 2024 | lexology.com | Rebecca Hickman |Isabel Lu |Rasheda Rahman

In this edition we discuss the recent announcement of a new Digital Information and Smart Data Bill in the King's speech delivered at the state opening of Parliament in July, an update on the Payment Systems Regulator's (PSR) policy statement on compliance and monitoring of authorised push payment scams reimbursement requirement and further recommendations from the Financial Stability Board on the regulation and supervision of cross-border payments.