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Top regulatory priorities for the payments sector

The Payments Association

The FCAs consultation closed in December 2024, with final rules expected in mid-2025. Although we must wait until the final policy proposals to determine the final rules, the FCAs consultation indicates that future regulatory scrutiny on safeguarding will be significantly more stringent than before.

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EBA consults on guidelines on reporting of data under MiCAR

Finextra

The European Banking Authority (EBA) today launched a consultation on draft Guidelines on reporting requirements to assist competent authorities and the EBA in performing their duties under the Markets in Crypto-assets Regulation (MiCAR).

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Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

The Financial Conduct Authority (FCA) recently outlined significant changes to the safeguarding regime for payments and e-money firms in its consultation paper CP24/20. This is, after all, one of the purposes of such consultations (unless youre a total cynic): essentially, ''This is what we propose; what do you think?'

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EBA consults with PSPs on fraud reporting requirements under PSD2

The Paypers

(The Paypers) The European Banking Authority (EBA) has launched a public consultation on fraud reporting requirements under the revised PSD2.

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The EBA updates the supervisory reporting framework

Neopay

These technical standards are crucial as they allow supervisors to monitor institutions’ compliance with the Capital Requirements Regulation (CRR3) implementation of the latest Basel III reforms in the EU and will foster consistent and enhanced supervision.

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Small Biz Group Presses UK To Do More On Late Payments

PYMNTS

The government’s small business commissioner consultation was announced last week, calling for submissions on how the commissioner should perform required duties, including tackling late payments. The consultation was set forth by the Department for Business, Energy and Industrial Strategy, according to reports.

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Capgemini Selected to Make AutoRek Reconciliation Services More Efficient

The Fintech Times

AutoRek , the Glasgow-based reconciliation and financial data management platform, has partnered with Capgemini , the consulting and digital transformation firm, to ensure it remains ahead of reporting requirements for clients as well as complying with regulatory changes. It will also quickly expand our international presence.