Electronic Money Institution Insolvency News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Recent regulatory developments focussed on the payments sector. Contents Interchange Fee Regulation: PSR consults on updating guidance Draft Payment and Electronic Money Institution Insolvency Regulations The draft Payment and Electronic Money Institution Insolvency Regulations have been laid before Parliament. The draft Regulations, if made, will create a new special administration regime for payment and electronic money institutions. A draft explanatory memorandum states that this new regime will give insolvency practitioners administering the insolvencies of payment or electronic money institutions an expanded toolkit. This will allow the insolvency practitioner to keep an insolvent institution operational with the aim of ensuring continuity for consumers and prioritising the return of their funds.

United kingdomElectronic money institution insolvency regulationsFinancial servicesFinancial conduct authorityElectronic money institution insolvencyFee regulationMarkets actPayment systems regulatorInterchange fee regulationஒன்றுபட்டது கிஂக்டம்நிதி சேவைகள்நிதி நடத்தை அதிகாரம்கட்டணம் ஒழுங்குமுறைசந்தைகள் நாடகம்கட்டணம் அமைப்புகள் சீராக்கிபரிமாற்றம் கட்டணம் ஒழுங்குமுறை