Philipp v Barclays Bank
Five key points from Philipp v Barclays Bank UK Plc Now that the dust has settled on the immensely important Supreme Court judgement in … Read more
Richard Creed
PRA expand deposit protection: What it means for EMIs & PIs
On 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 Consultation
The 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: If so, did the PI or … Read more
3 steps to that ensure your payment institution’s or electronic money institution’s outsourcing contracts comply with the FCA’s requirements
Outsourcing 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
Common mistakes to avoid when drafting terms for your payment institution or electronic money institution
Nine common problems with the terms of payment institutions and electronic money institutions. Your terms and conditions form the foundation of the relationship between … Read more
Purchasing a PSP
Critical steps to take before purchasing a PSP Is your business considering purchasing a company with a payments licence or an electronic money licence … Read more
Outsourcing Contracts
The Financial Conduct Authority is increasing its scrutiny of relationships that payment institutions and electronic money institutions have with their suppliers. If these relationships … Read more
Share Purchases
If you or the business you work for is considering purchasing a company with a payments licence or an electronic money licence, you should … Read more
Treating Customers Fairly – Is One Set of T&Cs Enough?
Many authorised payment institutions and electronic money institutions have one set of terms and conditions for both their business and consumer customers. But, does it meet the ‘treating customers fairly’ threshold?
Payment Institutions
Payment Institutions are under increasing scrutiny by the Financial Conduct Authority (FCA). Do you need a solicitor who knows the industry and speaks in Plain English?
Electronic Money Institutions
Electronic Money Institutions must protect their legal risk in a shifting technological landscape. Do you need straightforward legal advice on the relevant regulations?