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UK Government Confirms Final Proposals For Cryptoasset Regulation - Fin Tech

On 30 October 2023, the U.K. Government published a series of reports outlining its responses to earlier consultations on the regulation of cryptoassets.

Financial servicesPayment services regulationsPayments electronic money special administrationInfrastructure special administration regimeMarkets actRegulated activitiesConduct authorityMoney launderingTrading regulationsMarket abuse regimeInsolvency actFinancial marketSystems regulatorElectronic money special administrationUk government confirms final proposals for cryptoasset regulationFinance and banking

UK Government policy updates: Regulation of fiat-back stablecoins and failure of systemic DSA firms | Hogan Lovells

On 30 October 2023, the UK government published an update on its legislative approach for regulating fiat-backed stablecoins, following on from its consultation on the UK regulatory.

United kingdomFinancial services regulatory regime for cryptoassetsPayment services regulationsFinancial conduct authorityFinancial servicesFinancial market infrastructure special administration regimeFinancial services banking reformMarkets actPayment systems regulatorRegulated activitiesPolicy updateFuture financial services regulatory regimeBanking actPayments regulationSystemic perimeterSettlement finality regulations

Fraudsters Target UK Neobanks For Push Payments Scams

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s…

United kingdomGreat britainSystems regulatorReaking news

Post-Brexit interchange fee plan prompts outcry from U K merchants

Post-Brexit interchange fee plan prompts outcry from U K merchants
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

United kingdomMartin mctagueMark falconAndrew creganBritish retail consortiumFederation of small businessesEuropean commission enforcedSystems regulatorPayments system regulator

Who Should Pay for Payment Scams - Banks, Telcos, Big Tech?

Big banks want social media firms to take accountability for scams taking place on their payment platforms, but that doesn’t mean reimbursing victims. Banks need to take the lead in making victims whole quickly. Big tech and telcos need to kick out the scammers from their platforms.

United kingdomKen pallaNeira jonesFrank mckennaFinancial conduct authorityFraud managementShould payPayment scamsPenalizing social media firmsAuthorized push payment scamsjulySystems regulatorUnited kingdom financeDavid postingsPrime minister rishi sunakPoint predictivePayment systems regulator

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