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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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FCA Pins Hopes For Efficient Compliance On Blockchain

Regulatory reporting on the blockchain could ensure that compliance checks happen in real time, the chief executive of the UK’s Financial Conduct Authority (FCA) has said.
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Payments

News In Brief - September 24, 2021

The California Privacy Protection Agency has swung into action by asking the public to submit comments related to any area on which it can issue rules. It is especially keen to hear suggestions about any regulations that it might make in accordance with the California Consumer Privacy Act 2018.
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Payments

Lottoland Fined, Warned Over UK Failings

Lottoland has been fined £760,000 by the UK Gambling Commission, handed a formal warning and faces new licence conditions for failures in social responsibility and money laundering.
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Gambling

Nevada Operator Accepted Hundreds Of Improper Sports Bets, Regulator Says

Nevada gaming regulators have filed a complaint accusing Las Vegas-based Station Casinos of accepting hundreds of wagers on sports after the game’s outcome had been determined.
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Gambling

Tipico Fined In The Netherlands For Operating Without A Licence

The Netherlands Gambling Authority has fined Tipico, the Germany-focused sports betting operator, for operating in the Netherlands without a gambling licence.
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Gambling

No Future For The Risky VIP Business Model, Say Industry Leaders

Gambling industry CEOs want their businesses to be seen as entertainment providers, as they attempt to shift away from the regulatory scrutiny driven by VIP-based business models.
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Gambling

News In Brief: September 20-September 24, 2021

Sweden's regulator maintains its position on toughening advertising rules, Playtech ties up a Brazilian partnership and new gambling taxes are approved in the Philippines.
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Gambling

Coinbase Caves In...Surreptitiously

Coinbase has discontinued its Lend scheme, by which it planned to award users interest on the crypto-coins that they keep on its platform that they do not wish to trade at any particular moment. It has done so in a quiet update to a months-old blog post.
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Payments

APP Fraud Spirals Upwards In UK

Fraud losses have risen by 30 percent, with a new emphasis on authorised push payment (APP) fraud, according to trade association UK Finance.
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Payments

Treasury Ransomware Action Puts Companies On Alert

The U.S. Department of the Treasury has taken its first action ever against a crypto-company for laundering cyber-ransom money. Meanwhile, its Office of Foreign Assets Control has updated an advisory note that pertains to ransomware.
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Payments

U.S. Congress Urged To Regulate The What, Not The How, Of Open Banking

Members of the public have asked U.S. lawmakers not to over-regulate the sharing of financial data and leave it to the financial sector to develop technical standards for open banking.
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Payments

UK Gambling Commission Apologises After Damning Football Index Report

The UK Gambling Commission has apologised after an independent report slammed the regulator for not acting quickly enough to scrutinise soccer trading platform Football Index before its collapse.
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Gambling

UK Betting Industry Welcomes New Minister

The UK betting industry has reacted warmly to the appointment of Chris Philp as the new minister overseeing the gambling sector.
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Gambling

Dutch Crackdown Demolishes 'Passive' Strategy For Gambling Licence

A Dutch minister’s announcement that a passive presence in the Netherlands will no longer be allowed after licensing launches on October 1 has thrown the plans of international operators into turmoil.
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Gambling

Industry Protests Karnataka Online Gaming Ban

Technology sector heavyweights have urged the Chief Minister of the Indian state of Karnataka state to exempt skill gaming from this week's sweeping new ban on online gaming with stakes.
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Gambling

Maryland Sports Betting Could Launch By 'Late Fall' 2021

Maryland’s top gaming regulator said his agency hopes to have the state’s first legal sports bets placed before the end of the year.
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Gambling

Irish Bill Aims To Make Financial Managers More Accountable

The Irish version of the UK's Senior Managers and Certification Regime (SM&CR) is on the stocks, with finance minister Paschal Donohoe having approved the drafting of the Central Bank (Individual Accountability Framework) Bill whose main purpose is to improve accountability in the financial sector.
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Payments

ISO 20022 Is More Than A Compliance Issue, It Is An Opportunity

International messaging standard ISO 20022 is more than just a compliance issue. Its adoption could open the door to new opportunities which can help to streamline compliance, experts say.
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Payments

Regulators Do Not Know How To Monitor Platformisation, Warns EBA

The platformisation of the financial services industry has become a problem for regulators to supervise, the EU’s banking watchdog has said, because they do not understand it.
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Payments

Gambling Harm Report Offers Policymakers Huge Evidence Base

A voluminous academic report written to inform the UK’s national gambling strategy has noted the effectiveness of the whistle-to-whistle ad ban, but warned that social media is replacing TV as the most dangerous arena for underage gambling ads.
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Gambling
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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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