Know How

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
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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
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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
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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
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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
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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.

London Office

Citypoint, 1 Ropemaker Street, London, EC2 9HT

T: +44 203 633 0432

Belfast Office

255A Upper Newtownards Road, Belfast, BT4 3JF

T: +44 2890 650 481

Dublin Office

77 Lower Camden Street, Dublin 2, Dublin, D02 XE80

E: info@creedsolicitors.com

Creed Solicitors is the trading name of Creed Solicitors Limited, a company registered in Northern Ireland with Company Number NI633327.

Our registered office is: 255A Upper Newtownards Road, Belfast, BT4 3JF.

Creed Solicitors is authorised and regulated by the Law Society of Northern Ireland.