Insights

The chief executive of the UK Financial Conduct Authority (FCA) has spoken of the agency’s plans to grow in both manpower and legal tenacity to meet future regulatory challenges.

The Financial Conduct Authority would have the power to regulate all crypto-assets under proposals drawn up by the Treasury.

Luiz Inácio Lula da Silva was elected the next President of Brazil late on Sunday night, giving hope to gambling watchers that the country's sports-betting law will be regulated before a legal window expires on December 12.

As Nevada's gaming market confronts new challenges, regulators are focused on updating the state’s List of Excluded Persons, more commonly referred to as the Black Book, the exclusive and life-long club for those unsavory characters gaming officials have barred from entering Nevada casinos.

​​​​​​​The UK has a new government minister in charge of gambling policy, as ongoing wider political changes throw the timeline for the Gambling Act review white paper release into further disarray.

SWIFT follows the European Central Bank’s decision earlier this month to postpone ISO 20022 migration of the Eurosystem by four months.

The Competition Commission of India has imposed an INR936.44 crore ($114m) fine on Google after finding that the tech giant unlawfully restricted in-app payments.

The UK's Payment Systems Regulator (PSR) has outlined the next stages of its two market reviews into card fees, but warns that it expects the process to continue for two years.

South Korean politicians fume as key witnesses fail to turn up to hearing on high-profile crypto failure, questions raised at FTX CEO’s lobbying on Capitol Hill and Singapore consults on new crypto trading and stablecoin rules.

The White House has stood behind the Consumer Financial Protection Bureau’s (CFPB) efforts to end unexpected overdraft and depositor fees as mid-term elections are approaching and the cost of living becomes a core issue for voters.

Meta criticises Apple for changes to its digital purchase rules, while central banks have completed another cross-border digital currency project and the US Treasury has sanctioned more Iranian officials in light of human rights abuses.

State gaming regulators moved Maryland closer to the long-awaited launch of mobile sports betting on Thursday by finding ten applicants were suitable for licensure.

​​​​​​​Nigeria has implemented a new digital tax collection system for offshore operators and introduced a new permit that does not require establishing a local company or creating an onshore presence.

Massachusetts regulators have turned away a request from hometown sportsbook operator DraftKings to reconsider its plan to allow retail sports betting to launch ahead of mobile betting operations.

Spain’s Senate has passed a bill to reform the country’s 2011 online gambling law by strengthening the role of the national Directorate General for the Regulation of Gambling (DGOJ), reinforcing restrictions on advertising and providing additional gambling addiction protections.

Apple pauses App Store gambling ads, the chances for California's mobile betting proposition fade further and delays to online licence approvals in Argentinian state.

Nigeria will become the first African nation to launch its own domestic card scheme, hoping to follow in the footsteps of India and China by supporting national sovereignty of payments and tapping into the fast growth of electronic payments in Africa’s largest and most populous economy.

This regulatory analysis will delve into the background of action initiation in Australia, as well as the wider context that drives the nature and speed of CDR-related proposals. It will also map out the relevant legislative and authorities framework applicable to the CDR. Furthermore, the analysis will provide a detailed examination of the proposed action initiation regime, with its multiple layers and new types of licensed CDR-participating entities. It will explore the possible implications of the proposed measures for the payments industry, including the potential for increased competition, business growth and need for compliance.

The European Commission has outlined its plans for instant payments regulations, with commitments for the mandatory provision of instant credit transfers.

Last month, the US Treasury finalised a long-awaited rule for beneficial ownership reporting requirements which is expected to hit more than 30m small businesses. VIXIO speaks with an ex-Treasury official to discuss the impact and potential areas of abuse.