With the line between banks and fintechs growing ever blurrier, financial services supervisors ought to consider adjusting regulation to fit the kinds of activity an institution is engaged in, writes ...
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Hong Kong steps up oversight of retail payments
The Hong Kong Monetary Authority (HKMA) has outlined details of its updated regulatory regime for retail payment systems, reinforcing oversight of payment networks, clearing and settlement processes ...
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Managing ...
The UK Payment Systems Regulator (PSR)will be shuttered by the UK government. The move is described as reducing “red tape” or “unnecessary regulation” to improve growth by reducing the burdens ladled ...
The Reserve Bank of India (RBI) joined Project Nexus, which aims to create a multilateral cross-border instant payment system (IPS) by 2026. Conceptualized in 2022 by the Bank for International ...
Senior Treasury Department official David A. Lebryk is expected to step down from his position as fiscal assistant secretary after more than three decades at the agency. According to The Washington ...
The ink is still fresh on the formation of the Payments Regulatory Board (PRB)—a structural shift in how India governs its fast-growing digital payments ecosystem. Replacing the earlier Board for ...
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