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Anita Edwards

On 12 July 2024, the Payment Systems Regulator (PSR) issued Policy Statement 24/3: The Faster Payments APP scams reimbursement requirement: compliance and monitoring (PS24/3).

In 2023 the PSR published PS23/3 Fighting authorised push payment fraud: a new reimbursement requirement and PS23/4 Fighting authorised push payment scams: final decision.  These Policy

On 11 July 2024, the Law Commission published a scoping paper considering how Decentralised Autonomous Organisations (DAOs) can be characterised, and identifying current issues relating to DAOs to inform any future law reform or innovations.

The Law Commission explains that DAOs are, broadly, a new type of online organisation using rules set out

On 11 July 2024, the Financial Conduct Authority (FCA) published Primary Market Bulletin No. 50 (the PMB).

Published alongside Policy Statement PS24/6, which sets out widespread changes to the UK listing regime, the PMB provides an update on the FCA’s work in relation to the sponsor regime, and also launches a

On 9 July 2024, the Bank of England (BoE) published a speech by its executive director for payments, Victoria Cleland, on ‘A multi-tool for cross-border payments: the power of Legal Entity Identifiers’. In the speech, Ms Cleland discusses the potential benefits of Legal Entity Identifiers (LEIs) for payments, the role that

On 5 July 2024, the Financial Conduct Authority (FCA) published an update on the Overseas Funds Regime (OFR), providing new information on landing slots for firms that are currently in the temporary marketing permissions regime (TMPR).

The FCA states that it will issue a ‘direction’ to each fund operator