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Current status of the proposed PSD2 and MIF regulation

European Union - April 11 2014 The European Commission adopted its proposal for both the proposed Directive on payment services in the Internal Market (PSD2) and the proposed…

Tim Buckingham, Fiona Ghosh, Richard Jones

Sainsbury’s Supermarkets v MasterCard

European Union, United Kingdom - April 11 2014 In December 2007, the European Commission adopted a decision finding that MasterCard's EEA multilateral interchange fee (MIF) breached the Treaty on…

Tim Buckingham, Fiona Ghosh, Richard Jones

Application of Late Payment of Commercial Debts (Interest) Act 1998 to international contracts

United Kingdom - July 10 2014 The High Court has allowed an appeal on a point of law under section 69 of the Arbitration Act 1996 against an award of interest, in which the…

Tim Buckingham, Richard Jones, Julia Woodward-Carlton

Bitcoin could pose threat to financial stability of UK, warns Bank of England

United Kingdom - October 6 2014 According to a series of reports by the Bank of England, Bitcoin could pose a threat to financial stability in the UK should the digital currency's…

Tim Buckingham, Richard Jones, Sarah Langham

US playing catch up on Chip and PIN

United Kingdom, USA - August 26 2014 Since the roll out of Chip and PIN in the UK in 2004, 'Card Present' fraud has decreased year on year, with that type of fraud migrating to non-EMV…

Tim Buckingham, Sarah Langham