Hogan Lovells has just published the June edition of its Global Payments Newsletter containing the latest updates on payment technology and policy-related developments from around the world. Notable items in the June edition include:
The UK being one of three EU countries indicating that they will not adopt EBA guidance on the security of payments on the internet;
- China opening its market for bank card clearing to foreign competition in the aftermath of a complaint from the USA; and
- The publication of the Multilateral Interchange Fee Regulation in the Official Journal of the European Union, and the CMA’s decision to close investigations into MasterCard and Visa’s interchange fee arrangements.
To view a PDF of the full Newsletter please click here. You can also follow us on Twitter at @HLPayments for regular news and updates.