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Europe Advances Plans For Real-Time Payments Connectivity With Asia

By linking its TARGET Instant Payment Settlement (TIPS) system with India and Southeast Asia, the European Central Bank (ECB) is accelerating real-time payments globally and challenging European payment service providers (PSPs) to prepare for faster flows and competitive pressures.
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Prolonged Limbo On Open Banking Leaves US Financial Sector Navigating Uncertainty

A renewed push from Democratic senators highlights how the stalled Personal Financial Data Rights (PFDR) rule is forcing banks and fintechs to rethink strategy, as shifting political priorities threaten a stable data-access framework for the long term.
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US Open Banking Rule Highlights Industry Divisions Over Data And Fees

By defining who can access consumer data, whether fees are allowed and compliance timelines, the Personal Financial Data Rights final rule (PFDR Rule) underscores continuing legal and market tensions between banks and fintech innovators.
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EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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Major Markets In Focus For U.S. Sports Betting In 2022

After a strong 2021 that saw almost a dozen states either legalize sports wagering or add mobile betting, the focus in 2022 shifts to the future of sports betting in the United States’ most coveted and largest markets.
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Gambling

No Online Slots, Poker Licences Issued Yet In Germany

​​​​​​​No virtual slots or poker licences have been issued in Germany so far, according to records of the agency processing applications.
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Gambling

U.S. Financial Regulator Chair Resigns Amid Bank Merger Review Spat

The chairman of the Federal Deposit Insurance Corporation has announced her resignation after the main federal financial regulators accused each other of a power grab in a debate over bank merger rules.
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Payments

De-Risky Business: Consumers Are Being Affected By Application Of AML Rules, Warns Lithuania’s Watchdog

Although payment service providers do not abuse de-risking practices, there is room for improvement, Lithuania’s central bank has concluded as it starts 2022 with a new survey on the issue.
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Payments

Consensus Builds For CBDC In 2021

In one way or another, most central banks have now come to an affirmative decision on taking fiat money into the digital sphere. However, apart from a few stand out launches and trials, the prospect of a central bank digital currency (CBDC) in some of the world’s largest economies still looks to be a long way off.
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Payments

Update: Binance Scores Regulatory Approval In Bahrain, Canada

The crypto platform that until recently has been known for its catch-me-if-you-can approach has announced that it has received a green light to operate in Bahrain and Canada.
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Payments

NagaWorld Union Boss, 29 Others Arrested Over Illegal Protest

Cambodian police have arrested at least 30 people as protests over casino operator NagaCorp’s firing of 1,300 employees enter their third week, prompting US government support for the sacked workers.
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Gambling

Swedish Deposit Limits Return

With COVID-19 cases surging, the Swedish government is planning to re-impose deposit limits on online casino games and slot machines away from casinos, but at tighter levels than previously.
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Gambling

Consolidation In U.S. Gaming Industry Unlikely To Slow In 2022

As the gaming industry welcomes a new year, the only constant theme within the business, whether in sports betting or commercial and tribal casino gaming, is a high volume of change that industry observers believe will continue in 2022.
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Gambling

Polish Supreme Court Rules On Lottery Winnings Tax

Paying a tax on lottery winnings in Poland will depend on employment status, following a ruling from the country’s top court.
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Gambling

Playtech Delays Takeover Meeting Over Potential Counter-Offer

Playtech has postponed a special meeting to approve an offer from Aristocrat Leisure to give another potential acquirer, JKO Play, time to develop a potential bid.
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Gambling

Cryptocurrency Landscape: How Regulators Are Responding to Money Laundering and Consumer Protection Risks

As cryptocurrency use continues to grow, regulators are adapting existing regulations for the crypto world, focusing on mitigating money laundering risks and enhancing consumer protections to match the security of payments in fiat currency. However, because of the challenges of effectively regulating crypto activities, money laundering may continue underground, prompting authorities to impose bans on cryptocurrency activity and provide their own central bank digital currency, as several countries have already done. This analysis seeks to understand the current state of the actions that legislators in the UK and EU are taking to regulate and limit the money laundering capability of cryptocurrencies.
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Payments

Georgia Approves Tough New Gambling Restrictions

The Eastern European nation of Georgia has introduced stringent new rules across its gambling sector, including an advertising prohibition and new taxes for online casino players.
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Gambling

Arkansas Approves Controversial Sports-Betting Revenue Sharing Rule

Arkansas regulators have unanimously approved rules that will open the door for mobile sports betting in the state but kept a provision that could prevent many of the industry’s most familiar names from participating.
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Gambling

Personnel Moves - December 2021

Senior officials depart the Malta Gaming Authority, a trio of appointments at the Florida gaming regulator and Wynn Macau names its new CEO.
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Gambling

Former Nevada Senator Harry Reid's Death Signals Transition Of U.S. Gambling Into Digital Age

The U.S. gaming industry is unlikely to ever have a more powerful government official as its advocate and defender than former U.S. Senator Harry Reid of Nevada, who died of pancreatic cancer on December 28, just after his 82nd birthday.
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Gambling

Córdoba Continues Argentina's Advance On Online Gambling

A new law passed in Córdoba a few days after Christmas means each of Argentina’s five largest provinces has now approved legislation for online gambling, with 2022 set to be a pivotal year as operations launch across one of Latin America’s most complex markets.
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Gambling

Week In Brief - December 23, 2021

In the last news roundup of the year, we are looking at a wide range of payments topics around the globe, including the FCA’s new rules on climate-related disclosures, the EC adequacy decision for South Korea, a U.S. buy now, pay later inquiry, Swiss e-ID principles and the latest AML fine, this time in Lithuania.
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Payments

Update: Indonesia’s New Instant Payment System Officially Kicks Off

As part of Indonesia’s extensive digitalisaton plans, Bank Indonesia has launched the country’s new retail payments infrastructure that enables payment transactions to be sent real-time, around the clock.
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Payments

Good Tidings We Bring, To Your Compliance Wing - EBA Sets New Financial Crime Guidelines

The European Banking Authority has released two new sets of guidelines seeking to encourage coordination between different authorities and to set new expectations for financial institutions.
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Payments
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War in the Middle East Set to Accelerate Decoupling From Traditional Infrastructure

The new geopolitical realities mean that payments firms will need to reassess their compliance priorities to protect themselves against the risks posed by Iranian and other sanctioned actors.
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Regulatory Influencer: Will Sanctions Enforcement be on the Rise in 2026?

In 2026 and beyond, a structural shift in global economic governance around sanctions enforcement can be expected. Prior to late 2025, the focus was more on sanctions design and designations as a policy tool for most jurisdictions, given the geopolitical landscape, whereas 2026 could be the year when the focus moves to sanctions enforcement.
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Mapping EU Legislation: Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA) and Directive (EU) 2022/2556

Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA) was published in the Official Journal of the European Union on December 27, 2022. DORA lays down uniform requirements concerning the security of network and information systems supporting the business processes of financial entities. This Mapping EU Legislation: DORA page will be updated in line with any DORA update. This includes any delegated regulation, implementing regulation or guideline issued and published at EU level, or any legislation supplementing it at member state level.
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Regulatory Reporting: Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA) – Register of Information

As provided in Article 28(3) of Regulation (EU) 2022/2554 (Digital Operational Resilience Act – DORA), as part of a financial entity's ICT risk management framework, they must maintain and update at entity level, and at sub-consolidated and consolidated levels, a register of information (ROI) in relation to all contractual arrangements on the use of ICT services provided by ICT third-party service providers. Although the European Supervisory Authorities (ESAs) have provided information on such reports, the procedures for submitting the registers differs between national competent authorities. This document provides a snapshot of reporting requirements across selected European countries.
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Competing Reports on CFPB Downsizing Signal Continued Volatility for Regulated Firms

As the battle over the Trump Administration’s plans for the Consumer Financial Protection Bureau (CFPB) enters a new phase, firms operating in the US can expect fragmented oversight and inconsistent enforcement.
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Kazakhstan Completes Five-Year Shift to Regulated Crypto Market

New legislation seeks to establish the jurisdiction as a regional hub for regulated digital finance by offering a legal environment that could attract both domestic and international players.
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Compliance Under Construction: Key Takeaways from the UK Payments Forward Plan

The UK Payments Forward Plan, published in February 2026, is intended to be a clear, coordinated regulatory roadmap for the UK’s payments sector over the next three years. This document offers an assessment of the plan’s strengths, weaknesses and likely impact on the UK payments industry over the coming months and years, as well as the full text of the plan itself.
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Dissecting Stablecoins: Design, Yield Generation and Risk

Stablecoins have evolved into a rapidly expanding financial infrastructure, and regulators globally are striving to keep pace, stressing the need for a clear understanding of their design, risks, and yield mechanisms to inform debate and discussion.
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Vixio’s Verdict: The New UK Payments Plan Points The Way, Not The Specifics

The long-awaited publication of the UK’s Payments Forward Plan underlines the scale of the relevant authorities’ ambitions and of the challenge they have set themselves and the industry in the pursuit of growth and increased competition.
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Vixio’s Verdict: Finland’s FSA 2026–2028 Strategy - Building Financial Resilience in An Unpredictable World

The Finnish Financial Supervisory Authority (FSA) will operate under a renewed supervisory strategy for 2026 to 2028, centred around delivering effective and risk-based supervision. From 2026, supervisory priorities will place particular emphasis on the operational reliability of digital services and on preparing supervised entities for extreme economic and market phenomena. Alongside these annual priorities, the FSA will continue its ongoing monitoring of solvency, good governance and compliance with codes of business conduct. For 2026, the FSA has planned 35 new inspections and 24 thematic assessments, a slight increase from 2025, when 33 inspections and 18 thematic assessments were conducted. As financial services continue to digitise, the FSA needs deeper, more frequent on-site and thematic reviews to assess operational resilience standards. A modest increase suggests a measure of strengthening supervisory depth rather than a signal of systemic concern.
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