Topic
Payment
982 published works
Consumer Financial Services Law Monitor
Tackling Credit Push Fraud: Understanding Nacha’s Risk Management Package (Part One)
By Keith J. Barnett, Carlin McCrory
In this episode of Payments Pros, Carlin and Keith welcome back Jordan Bennett, Nacha's senior director of network risk management, for a two-part series on the newly approved rules designed…
Global Regulation Tomorrow
PSR publishes Annual Plan for 2024/2025
By Anita Edwards, Simon Lovegrove (UK)
On 9 April 2024, the Payment Systems Regulator (PSR) published its Annual Plan for 2024/2025, setting out the PSR’s key aims, activities and expected costs for 2024/2025. The Annual Plan…
Global Regulation Tomorrow
FCA Consultation Paper CP24/7: Payment Optionality for Investment Research
By Anita Edwards, Simon Lovegrove (UK), Uzmah Yunis
On 10 April 2024, the FCA published Consultation Paper CP24/7: Payment Optionality for Investment Research. Background The UK rules on investment research stem from the Markets in Financial Instruments Directive…
Global Regulation Tomorrow
PSR launches call for views on its second annual review of Specific Direction 12
By Anita Edwards, Simon Lovegrove (UK)
On 27 March 2024, the Payment Systems Regulator (PSR) announced that it is conducting its second annual review of Specific Direction 12 (SD12) and published a call for views. Background…
The D&O Diary
Claim for Nonpayment Due to Payment Instruction Fraud Potentially Covered Under D&O Policy
In an interesting March 18, 2024, decision, a California federal district court, applying California law, has held that insurance coverage may be available under the D&O liability endorsement to a…
Global Regulation Tomorrow
BoE statement on Payment Systems MoU
By Anita Edwards, Simon Lovegrove (UK)
On 28 March 2024, the Bank of England (BoE) published a statement following the latest review of the joint-authority Memorandum of Understanding (MoU) between itself and the FCA, PRA and…
Global Regulation Tomorrow
Published in OJ – Regulation on instant credit transfers in euro
By Simon Lovegrove (UK), Michael Born (DE)
On 19 March 2024, there was published in the Official Journal of the EU (OJ), Regulation (EU) 2024/886 of the European Parliament and of the Council of 13 March 2024…
All About Advertising Law
Payment Processing: An Excerpt from the Advertising Law Tool Kit
By Ellen T. Berge, Andrew E. Bigart
Join us as we spotlight select chapters of Venable's popular Advertising Law Tool Kit, which helps marketing teams navigate their organization's legal risk. Click here to download the entire Tool…
Global Regulation Tomorrow
Council of EU publishes updated text of proposed Regulation on instant credit transfers in euro
By Simon Lovegrove (UK), Michael Born (DE)
On 15 March 2024, the Council of the EU published the updated text of the proposed Regulation amending the Single Euro Payments Area Regulation, the Cross-Border Payments Regulation, the Settlement…
China Justice Observer
China Regulates Non-Banking Payment Institutions
By Publisher
On 17 Dec. 2023, China’s State Council issued the “Regulation on the Supervision and Administration of Non-Banking Payment Institutions” (非银行支付机构监督管理条例, hereinafter the “Regulation”), which will come into effect on 1…