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

The Payments Association

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. These rigidities could significantly affect firms cash flow and liquidity management.

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Payments regulation roadmap: Q3 2025​

The Payments Association

FCA Safeguarding Reforms for PI/EMI (Interim Rules) The FCA is set to publish its finalised interim safeguarding rules for authorised payment institutions (PIs) and electronic money institutions (EMIs) in mid-2025, following Consultation Paper CP24/20.

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FOMO Pay streamlines payments and treasury lifecycle with Bottomline solution, enhancing compliance capabilities

Fintech Finance

FOMO Pay, a leading major payment institution headquartered in Singapore, has implemented Bottomline solution to strengthen efficient payment workflows, effective treasury lifecycle management, and robust regulatory compliance. Overall, we can better manage liquidity, risk and reporting requirements.