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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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BNPL Regulation To Come To Ireland

The Irish Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Bill 2021 is proposing to give the Central Bank of Ireland the power to regulate all buy-now-pay-later (BNPL) activities.
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Payments

UK’s Taskforce Proposals for Payments Regulations and Data Protection

This analysis outlines key proposals in relation to payments and data protection following the Taskforce on Innovation, Growth and Regulatory Reform independent report, released on July 16, 2021, to address how the UK can seize new opportunities from Brexit. It aims to put the proposals in the context of wider developments taking place in UK payments regulation.
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Payments

News In Brief - September 28, 2021

The UK's Payment Systems Regulator is satisfied that the Current Account Switch Service (CASS) still justifies its classification as an alternative switching scheme. Meanwhile, U.S. President Joe Biden has reportedly picked a fierce critic of cryptocurrencies as the new head of the OCC.
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Payments

Should Payment Firms Rely On Gatekeepers For AML Compliance?

From time to time, payment firms rely on so-called gatekeepers — accounting and legal firms that give businesses access to the financial system — to provide them with background checks on customers and other forms of anti-money laundering (AML) information. The Office for Professional Body AML Supervision has, however, determined that these gatekeepers are not particularly well-regulated.
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Payments

Move Away From Other Business, Yi Gang Tells Chinese Payment Firms

China's regulators are striving to strike a balance between encouraging fintech development and offsetting financial risks, with the separation of payment firms and other types of business uppermost in their minds.
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Payments

U.S. Senator Asks SEC To Be Clear About Cryptos

A U.S. senator has sent a strong message to the Securities and Exchange Commission (SEC) about the extent of interest in various topics related to digital assets.
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Payments

India's Kerala High Court Overturns Ban On Online Rummy

The High Court for southwestern Kerala state has struck down a state government ban on online rummy, a vindication for India’s gaming industry as it moves to fight a similar ban in neighbouring Karnataka state.
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Gambling

Former Gambling Regulator Calls On Poland To Reform Tax

Poland’s former finance minister has joined calls for the country to start taxing gambling companies based on revenue, instead of the current turnover model.
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Gambling

Ontario's Online Opening Breaks New Ground In Canadian Gambling Market

Ontario is weeks away from establishing Canada’s first online gambling licensing regime, although key policy questions still remain for a market that will be unique in North America.
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Gambling

Scientific Games Sells OpenBet To IMG Arena Owner for $1.2bn

Scientific Games announced on Monday that Endeavor would purchase its OpenBet business, capping a three-month process to divest its sports-betting division.
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Gambling

Czech Industry Self-Regulating After Government Analysis

A trade group in the Czech Republic representing nearly the entire licensed gambling market has embarked on a new sweeping harm reduction project, as the Ministry of Finance continues to push for more comprehensive online and advertising restrictions.
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Gambling

News In Brief - September 27, 2021

Sweden's financial regulator has diverged from the European Banking Authority's new anti-money laundering guidelines.
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Payments

EU Data Supervisor Suggests AML Improvements

The EU’s data protection supervisor has struck a note of caution on the trading bloc’s newly-proposed anti-money laundering (AML) law.
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Payments

China Clamps Down On Crypto Transactions

The People’s Bank of China, which regulates the banking sector of the world’s second largest economy, has declared on its website that all cryptocurrency transactions are illegal.
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Payments

Ripple To Help Bhutan Fulfil Plans For CBDC

The Royal Monetary Authority of Bhutan has announced that it will be using Ripple’s blockchain technology to run its pilot scheme for a central bank digital currency.
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Payments

Caesars NHL Jersey Ad Worries Responsible Gambling Advocates

Just over a month after the National Hockey League’s board of governors approved advertisements on players’ jerseys, beginning with the 2022-23 season, the Washington Capitals on Friday became the first franchise to announce a betting company as its jersey sponsor.
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Gambling

Finnish Parliament Finally Receives Lottery Act Amendments

Finland’s long-anticipated Lottery Act amendment was submitted to parliament on September 23, confirming the government's intent to bolster the country’s monopoly system.
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Gambling

Bolton Wanderers Cuts Gambling Ties

Another UK football team is cutting all ties with its gambling sponsors and partners, as talks of an impending shirt sponsorship ban and changes to the “white label” system populate the national media.
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Gambling

Tribal Gaming Conflict In Carolinas Proves Politics Makes Strange Bedfellows

A Democratic congressman who may be the person most responsible for the election of Joe Biden as President of the United States has introduced a bill to help a South Carolina tribe build a casino-resort in North Carolina.
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Gambling

Compliance With Data Access Requests - The Challenges

A business has to overcome numerous challenges when it receives a request for access to personal data and it has a short time in which to comply. However, if it makes a genuine endeavour to do so, its data protection regulator may be lenient towards it.
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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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