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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 ,

Payments regulatory news, February 2021 # 2 | Hogan Lovells

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Recent regulatory developments focussed on the payments sector. See also our General Regulatory News of broad relevance in the Related Materials links.
Contents
APP scams: PSR call for views
Consumer protection in interbank payments: PSR call for views
Consumer Research 2020: PSR summary report
New Payments Architecture: PSR CP21/2
The UK Payment Systems Regulator (PSR) has published a consultation paper, CP21/2, on the options for reducing risks to the successful delivery of the New Payments Architecture (NPA). It has also published responses to its January 2020 call for input on competition and innovation in the NPA. ....

United Kingdom , Consumer Research , Faster Payments Service , Epayments Architecture , United Kingdom Payment Systems Regulator , New Payments Architecture , Faster Payments , Pay United Kingdom , Contingent Reimbursement Model , Bacs Direct Credit , ஒன்றுபட்டது கிஂக்டம் , நுகர்வோர் ஆராய்ச்சி , வேகமாக கொடுப்பனவுகள் சேவை , கொடுப்பனவுகள் கட்டிடக்கலை , ஒன்றுபட்டது கிஂக்டம் கட்டணம் அமைப்புகள் சீராக்கி , புதியது கொடுப்பனவுகள் கட்டிடக்கலை , வேகமாக கொடுப்பனவுகள் , செலுத்த ஒன்றுபட்டது கிஂக்டம் , தொடர்ந்து கொடுக்கப்படுவதுடன் மாதிரி , பாக்ஸ் நேரடி கடன் ,