ThepresentchapterfocusesontheapplicationofSCAinlinewiththerequirementsdefinedinDelegatedRegulation2018/389withregardtoRegulatoryTechnicalStandardsforstrongcustomerauthenticationandcommonandsecureopenstandardsofcommunication(hereafter‘RTSonSCAandCSC’)undertherevisedEUPaymentServicesDirective(PSD2).Theseenhancedsecuritystandardsfo...
Services Banking and Finance Financial Services Regulation Industries Financial Services Key contacts Clint Dempsey Partner Dubai, United Arab Emirates Trevor Dolan Partner Dublin, Ireland Richard Jones Partner United Kingdom Rhys McWhirter Partner Hong Kong SAR, Asia Brian M. Murphy Partner Atlan...
With the rise of real-time payments, it has become clear that fraudsters and criminals are taking advantage of the ever-present ‘human’ element in the authentication chain. The challenges that this presents requires a helping hand in the form of regulation to force an additional focus on tran...
the use of Services, notification and consumer protection, unfair competition, privacy, advertising, and any other laws relevant to your Transactions. These include the Money Laundering, Terrorist Financing and Transfer of Funds 2017, Bribery Act 2010, the General Data Protection Regulation, the Data...
UAB Glocash Payment,a EMI entity licensed by the Bank of Lithuania since 2017, to offer international payment services including money remittance,execution of payment transactions and cash withdrawal under the European regulation.
The Commission proposed to revise the Payment Services Directive (PSD1) in July 2013. The proposal was part of a package of legislative measures on payment services, which included a proposal for a Regulation on interchange fees for card-based payment transactions (the Interchange Fee Regulation)....
The PBOC’s concern and regulation over the above-mentioned risks has been heightening. In January 2017, the PBOC issued the Notice on Implementing the Relevant Matters Concerning Centralized Depositing and Keeping of Customer Reserves ...
These include the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, Bribery Act 2010, the General Data Protection Regulation, the Data Protection Act 2018, the Consumer Rights Act 2015, and the Criminal Finances Act 2017. You cannot use the ...
DRG payment systems have largely increased transparency, activity, and reduced length of stay in many countries, but negative side-effects of the DRG payment system have also become apparent, such as insufficient cost control, an oversupply of care, and a lack of integration with other services,...
ChiuIris H-YLaw, Innovation and TechnologyChiu, I.H.Y., 2017, `A new era in fintech payment innovations? A perspective from the institutions and regulation of payment systems', Law, Innovation and Technology 9(2), 190-234. https://doi.org/10.1080/17579961.2017.1377912...