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UK Financial Conduct Authority Consults on Powers to Cancel Firms’ Regulatory Permissions

European Union, United Kingdom - September 15 2021 On 9 September 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper 21/28 “New Cancellation and variation power: Changes to…

Leonard Ng, Max Charles Savoie, Rachpal K. Thind, Abi Twist.

FCA Letter to E-Money Institutions: Why All UK Payment Service Providers Should Review Their Marketing Practices Now

United Kingdom - May 25 2021 On May 18, 2021, the UK Financial Conduct Authority (FCA) published a “Dear CEO” letter (the Letter) asking e-money institutions to ensure that their…

Sara George, Max Charles Savoie, Abi Twist.

UK FCA Consults on Changes to Strong Consumer Authentication, Dedicated Interfaces, and Guidance on Payment Services

United Kingdom - February 24 2021 On January 28, 2021, the UK Financial Conduct Authority (FCA) published Consultation Paper CP21/3, “Changes to the SCA-RTS and to the guidance in…

Max Charles Savoie, Abi Twist.

Analysis of the Proposed EU Markets in Crypto-Assets Regulation

European Union, United Kingdom - November 12 2020 On 24 September 2020, the European Commission (the Commission) published a much anticipated proposal on the establishment of an EU-level regime for…

Matt Feehily, Leonard Ng.

Swiss Data Protection Authority Concludes Swiss-US Privacy Shield No Longer Valid for Swiss-US Transfers

European Union - September 8 2020 Following the Court of Justice of the European Union’s (“CJEU”) decision in Data Protection Commissioner v Facebook Ireland Ltd and Maximillian…

Colleen Theresa Brown, Christopher Fonzone, Tomoki Ishiara, Richard D. Klingler, William RM Long, Geeta Malhotra, Alan Charles Raul, Yuet Ming Tham, John K. Van De Weert.