Topic
Payment
982 published works
Banking, Finance and Securities
PSR receives first application under section 57 of Financial Services (Banking Reform) Act 2013
The Payment Systems Regulator (PSR) has announced that it has received its first application under section 57 of the Financial Services (Banking Reform) Act 2013. This section gives the PSR…
Banking & Finance Law Report
Fumiko Bandit and Check 21
Bankers know that what is commonly called Check 21 is at the heart of our present payment system. The check images delivered pursuant to its terms have made check processing…
Banking, Finance and Securities
ECB consults on revision of Regulation on oversight requirements for systemically important payment systems
By Peter Snowdon (UK), Albert Weatherill (UK)
The European Central Bank (ECB) has published a consultation paper on the revision of the Regulation on oversight requirements for systemically important payment systems (SIPS). Four payment systems fall under…
The Lien Zone
3 Scary Clauses in Construction Subcontracts
By Alex Barthet
With no letup in sight in South Florida construction, subcontractors in all disciplines are being asked by busy general contractors to bid on both residential and commercial projects. And once…
La Revue
Loi Sapin 2 : délais de paiement
La loi Sapin 2 aggrave les sanctions pour non-respect des règles sur les délais de paiement et institue une règle dérogatoire à l’import-export qui ne bénéficiera pas à un grand…
Of Digital Interest
Digital Health Solutions are Key to Success under Health Care Payment Innovations
By Bernadette M. Broccolo, Lisa Schmitz Mazur, McDermott Will & Emery
Digital health—the intersection of health care related software applications, analytical tools, medical device technology and electronic data assets that are enabled and achieved through the use of the internet and…
Business and Commercial
New cross-scheme guide to participation
The UK’s Interbank Payments System Operators – Bacs Payment Schemes Limited, CHAPS, Cheque and Credit Clearing Company, Faster Payments and LINK – have published a new guide entitled, An introduction…
China Law Blog
China Manufacturing Payment Terms
By Dan Harris
[caption id="attachment_28788" align="aligncenter" width="532"] Photo from our lunch with Renaud in Shenzhen.[/caption] When I was in Shenzhen last month, co-blogger Steve Dickinson and I had a long lunch with China manufacturing guru, Renaud…
Banking, Finance and Securities
EBA consults on guidelines on major incident reporting under the PSD 2
Article 96(3) of the Payment Services Directive (recast) (PSD 2) confers on the European Banking Authority (EBA) the mandate to develop, in close cooperation with the European Central Bank (ECB),…
Banking, Finance and Securities
PSR moves towards wholesale change of payments infrastructure
In 2015 and 2016 the Payment Systems Regulator (PSR) conducted a market review of ownership and competition in the provision of infrastructure services for the three interbank payment systems –…