The Payments Association

JANUARY 13, 2025

Smaller firms, for example, are likely to bear the brunt of financial pressures introduced by the reforms with hiked compliance costs that come with implementation of new safeguarding workflows, engaging with auditors and fulfilling enhanced reporting requirements.

Compliance 88

Compliance Audit Legal Reconciliation 88

Trade Credit & Liquidity Management

MAY 29, 2025

Trade Credit & Liquidity Management is a reader-supported publication. However, companies will need to update their systems and processes, including ERP and treasury management tools, that effectively handle these new structured data formats. To receive new posts and support our work, consider becoming a paid subscriber.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

The Payments Association

APRIL 14, 2025

The FCA has made clear this is a supervisory priority, and given that the rules were published in 2021, it is likely to penalise firms that have not implemented the requirements by the deadline of 31 March 2025. The FCA appears to be preparing for supervisory action in this area.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88