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Global Payments Newsletter, February 2021 | Hogan Lovells


Key developments of interest over the last month include:
• United Kingdom: The Payment Systems Regulator (PSR) has published two calls for views, one of which focuses on authorised push payment (APP) scams and the other on consumer protection in interbank payments.
• India: The government is planning a cryptocurrency bill with the aim of establishing a framework for the creation of an official digital currency to be issued by the Reserve Bank of India.
• United Kingdom: The FCA is consulting on changes to its technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS)  and to its Payment Services and Electronic Money Approach Document. ....

United Kingdom , French Republic , Mairead Mcguinness , Bangko Sentral , Andrew Bailey , Lok Sabha , Michael Gove , Monetary Affairs Committee , China Service Network , European Central Bank , Financial Action Task Force , United Kingdom Financial Conduct Authority , Capital Markets Union , House Of Commons Eu Scrutiny Committee , People Research On India Consumer Economy , Electronic Communications Exclusion , European Parliament Economic , International Firms , National Payments Corporation Of India , Financial Services Contracts Regime , India Parliament , Digital Services , Consumer Research , Faster Payments Service , Financial Services Compensation Scheme , European Commission ,