Creed Solicitors Insights:
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
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?
Do the transparency requirements on currency conversion charges (set out in Article 3b of the Cross Border Payment Regulations) apply to your UK PSP?
This blog post examines CBPR2 Article 3b legislation and when it applies, using several models. It also offers general points of guidance including the effect Brexit will have on the Cross Border Payment Regulation.
Financial Services Compensation Scheme
Many savers are unaware that they can claim compensation from the Financial Services Compensation Scheme for losses incurred through unsuitable advice received from their ... Read more