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Bringing the payment services and e‑money sectors into line with FCA rules

Bringing the payment services and e‑money sectors into line with FCA rules
Published on: 13 August 2018
Published by: LexisPSL
  • Bringing the payment services and e‑money sectors into line with FCA rules
  • Original news
  • What is the background to the consultation?
  • What modifications were made to the FCA’s rule-making powers in 2017 to enable the FCA to consult on these rules?
  • What are the main provisions of the consultation?
  • What actions should payment services providers and e-money issuers be taking as a result of this consultation?
  • What advice should lawyers be giving to their clients?

Article summary

Financial Services analysis: The Financial Conduct Authority (FCA) is consulting on proposals to apply existing rules and guidance that clarify its expectations on conduct and communication across the payment services and e-money sectors. James Barnard, associate at DLA Piper, and Michael McKee, partner at the firm, consider the background to the consultation and its potential implications. or take a trial to read the full analysis.

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