In this edition we discuss the recent announcement of a new Digital Information and Smart Data Bill in the King's speech delivered at the state opening of Parliament in July, an update on the Payment Systems Regulator's (PSR) policy statement on compliance and monitoring of authorised push payment scams reimbursement requirement and further recommendations from the Financial Stability Board on the regulation and supervision of cross-border payments. Further we cover the joint call for evidence from the PSR and the Financial Conduct Authority seeking views on the benefits and risks digital wallets bring to people and businesses in the UK.
Published date: 7 August 2024