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One step closer to regulating crypto: HMT's paper on stablecoins

United Kingdom - April 29 2022 HMT has confirmed in its recent paper that stablecoins will be brought within regulation, paving the way for their use in the UK as a recognised form…

Nicola Bailey, Rebecca Hickman, Sophie Skelton

Buy Now Pay Later - Consultation

United Kingdom - October 26 2021 Following the Woolard Review in February this year, HM Treasury has now published its consultation paper on bringing exempt interest free "buy now pay…

Toby Davis, Sophie Skelton

Change to PSRs will allow cashback without purchase

United Kingdom - May 13 2021 The Payment Services Regulations 2017 (PSRs) are being amended. There is a simple purpose at the heart of the amendment - that’s to enable cashback…

Sophie Skelton

Are you thinking about operational readiness for a negative bank rate? So are we

United Kingdom - April 12 2021 The Bank of England has asked banks and building societies to put in place tactical solutions by early August 2021, to be able to implement a negative…

Rosanna Bryant, Sophie Skelton

Interest Free Exemption Amendments

United Kingdom - March 24 2021 The amendment to the Financial Services Bill might give an indication as to the possible direction of the new regulatory regime for interest free…