Payment services and systems

View Financial Services by content type:

Latest Financial Services News

Featured Financial Services content

Practice notes
Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
Read More >
19th May
Practice notes
Exempt consumer credit agreements under the FSMA 2000 (Regulated Activities) Order 2001This Practice Note seeks to explain the types of agreements...
Read More >
Produced in partnership with Rebecca Kellner of Orrick, Herrington & Sutcliffe and Jacqui Hatfield of Orrick, Herrington & Sutcliffe 19th May
Practice notes
Interaction between the PRA, FCA and FPCBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
19th May
Practice notes
Second Wire Transfer Regulation (EU WTR2 and UK WTR2)—essentialsThe Second Wire Transfer Regulation (EU) 2015/847 (WTR2), also known as the Funds...
Read More >
19th May
Practice notes
Overview of UK implementation of the Consumer Credit DirectiveBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the...
Read More >
Produced in partnership with Sam Millar of DLA Piper and Tony Katz of DLA Piper 19th May
Practice notes
FCA client money rulesBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period...
Read More >
19th May
Practice notes
What are regulated activities?Under the general prohibition a person cannot carry out a regulated activity, or purport to carry out a regulated...
Read More >
19th May
Practice notes
FCA client classification requirementsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
19th May
Practice notes
SM&CR—Statements of Responsibility (SoRs)Banks, building societies, credit unions, PRA-regulated investment firms and insurers are required to file a...
Read More >
19th May
Practice notes
EMIR REFIT and EMIR 2.2 roadmapRegulation (EU) 2019/834 (OJ L 141/42) (EU EMIR REFIT) was published in the Official Journal of the EU on 28 May 2019...
Read More >
19th May
Practice notes
The European Systemic Risk BoardBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation...
Read More >
19th May
Practice notes
The Financial Services Compensation SchemeBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
Produced in partnership with Honor Levy of LexisNexis 19th May
Practice notes
Financial Services Compensation Scheme (FSCS)—the qualifying conditions for compensationThis Practice Note covers the conditions necessary for the...
Read More >
Produced in partnership with Honor Levy of LexisNexis 19th May
Practice notes
The Single RulebookBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered...
Read More >
Produced in partnership with DLA Piper 19th May
Practice notes
Unregulated collective investment schemes—essentialsWhat are unregulated collective investment schemes?In the UK, an unregulated collective investment...
Read More >
Produced in partnership with Lora Froud of Macfarlanes 19th May
Practice notes
Responsible lending requirements—CONC 5BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
Produced in partnership with Jacqui Hatfield of Orrick, Herrington & Sutcliffe 19th May

Most recent Payment services and systems content

Practice notes
Payment Systems Regulator—duties and powersGeneral dutiesThe Payment Systems Regulator (PSR) has a number of statutory duties and powers under the...
Read More >
Produced in partnership with Sidley Austin 20th Sep
Practice notes
Interchange Fee Regulation—essentialsBackground to implementation of the EU IFRThe EU Interchange Fee Regulation (OJ L 123/1) (an EU regulation on...
Read More >
13th Sep
Practice notes
UK regulation of payment services providers—essentialsScope of this Practice NoteThe Payment Services Regulations 2017, SI 2017/752 (PSRs 2017)...
Read More >
8th Sep
Practice notes
Open Banking—one minute guideWhat is the background to the Open Banking concept?Despite great technological advances in the retail banking sector over...
Read More >
8th Sep
Practice notes
EMI operational, supervision and enforcement requirementsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
8th Sep
Practice notes
Authorisation, registration, variation and cancellation of electronic money institutionsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’)...
Read More >
8th Sep
Practice notes
Payment surchargesThis Practice Note considers the ability of a trader to charge a fee for the use of certain payment methods, such as a debit or...
Read More >
8th Sep
Q&As
Do fuel cards fall within scope of the payment services regulations or payment services directives?A fuel card could be viewed as a ‘payment...
Read More >
8th Sep
Practice notes
Impact of Brexit: Payment accounts—quick guideThis Payment Accounts Directive (Directive 2014/92/EU) (PAD) quick guide details UK legislation and...
Read More >
8th Sep
Practice notes
EU regulation of payment services—essentialsScope of this Practice NoteThis Practice Note provides an overview, and highlights the key provisions, of...
Read More >
8th Sep
Practice notes
Payment Systems Regulator—supervisory approachThe Payment Systems Regulator (PSR) consulted on its approach to supervising payment systems in a...
Read More >
Produced in partnership with Sidley Austin 8th Sep
Practice notes
Payment Services Directive 2 (PSD2)—one minute guideBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
Produced in partnership with Bill McCaffrey of CMS 8th Sep
Practice notes
Second Wire Transfer Regulation (EU WTR2 and UK WTR2)—essentialsThe Second Wire Transfer Regulation (EU) 2015/847 (WTR2), also known as the Funds...
Read More >
8th Sep
Practice notes
Mobile payments—essentialsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period...
Read More >
8th Sep
Practice notes
SEPA Regulation and cross-border payments—essentialsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
8th Sep
Practice notes
Electronic money institution prudential requirements Introduction to the prudential requirements for electronic money institutionsThe recast...
Read More >
5th Sep
Q&As
Does the recast Payment Services Directive prevent firms from charging a fee for accepting credit card payments?The Payment Services Regulations 2017,...
Read More >
20th Aug
Practice notes
Issuing and redeeming e-moneyBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation...
Read More >
19th Aug
Practice notes
The regulation of electronic money institutions—essentialsBREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit...
Read More >
Produced in partnership with DLA Piper 19th Aug

Popular documents