We help UK financial services firms understand, negotiate and draft clear legal documentation
Business owners, boards of directors and heads of compliance need advisers that understand their industry and speak plainly. We slice through the jargon so that our clients know what their legal documentation really says, our clients comprehend their obligations, what they are signing up to and what they are asking others to sign.
Creed Solicitors works with payment institutions, electronic money institutions, firms that sell currency options, start-ups and large institutions.
- PRA expand deposit protection: What it means for EMIs & PIsOn 31st March 2023, the Prudential Regulation Authority (PRA) published policy statement PS2/23. The statement, in conjunction with the amendments made in PRA23/1, finalised … Read more
- Authorised push payment fraud: Important ConsultationThe Payment Systems Regulator (PSR) is proposing new measures to fight payment scams – and the Regulator issued a consultation paper (CP22/4) in September … Read more
- Is your online platform a regulatory risk to your business?Does your payment institution (“PI”) or electronic money institution (“EMI”) have an online platform whereby its customers can: view the balance of their payment … Read more
- 3 steps to that ensure your payment institution’s or electronic money institution’s outsourcing contracts comply with the FCA’s requirementsOutsourcing is a valuable tool and often critical in the operation of payment institutions and electronic money institutions. Given its importance, it is no … Read more