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Turning Compliance Burden Into FinTech-Regulator Collaboration

PYMNTS

The central bank’s decision, Barybin explained, had everything to do with strict data sharing and reporting requirements with which SatchelPay could not keep up. During this time, the company focused on restructuring and management enhancements to ensure the company can, moving forward, comply with reporting requirements.

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What is EEI: understanding electronic export information and its requirements

Nanonets

They outline the requirements for filing the Electronic Export Information in the Automated Export System. The FTR plays a crucial role in preventing the export of certain items to unauthorized destinations or end users by aiding in targeting and identifying suspicious or illegal shipments prior to exportation.

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The payments regulation roadmap: Q2 2025

The Payments Association

These increases have drawn criticism from UK merchants and consumer advocacy groups, who argue that the higher fees are unjustified and ultimately passed on to end users. The offence applies to large organisations meeting specific criteria, including employee count and financial thresholds.