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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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Brazil Gambling Expansion Back On The Agenda

A new special commission formed in Brazil’s Chamber of Deputies is the latest sign of momentum returning for long-stalled legislation to regulate casinos, bingo halls and online gambling in one of the world’s largest untapped markets.
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Gambling

DraftKings Targets Entain Takeover With $22.4bn Offer

Entain confirmed on Tuesday that DraftKings had approached the company with a $22.4bn proposal to acquire the group, but U.S. partner MGM Resorts quickly warned both companies that any deal requires its approval first.
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Gambling

Flutter Reaches $300m Settlement With Kentucky

Flutter Entertainment, parent of FanDuel and Sky Bet, said it has reached a $300m settlement with the state of Kentucky, ending an effort by the company to have the U.S. Supreme Court overturn a court order to pay $1.3bn over alleged losses incurred by Kentuckian PokerStars players before 2011.
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Gambling

UK Gives Red Light To Misleading Green Claims

The UK’s Competition and Markets Authority is warning "greenwashers" that they have until the end of the year to clean up their misleading environmental marketing. It has issued guidelines to help them obey the law.
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Payments

The FCA’s ’More Robust’ Gateway

Following on from the publication of its Business Plan for 2021/22, the UK's Financial Conduct Authority (FCA) has said that it will “ensure firms start with high standards and maintain them”. This involves “a more robust gateway”, which makes it tougher for firms to become authorised than previously, with more intensive assessments and a closer scrutiny of financials and business models.
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Payments

News In Brief - September 21, 2021

U.S. President Joe Biden has signed an executive order that imposes sanctions against Ethiopia.
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Payments

Diversity And Inclusion To Rise Up Priority List For Compliance Officers

Recent consultative exercises that the UK’s Financial Conduct Authority and the European Central Bank have undertaken show that diversity and inclusion are becoming more of an issue for compliance officers at financial firms in Europe.
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Payments

European Lotteries Says Ethical Brands Are The Future

The European State Lotteries and Toto Association’s members are helping one another achieve the group’s new Responsible Gaming Certification, which includes passing an independent audit of labour practices and climate change impact.
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Gambling

Unlicensed Operators Must Block Dutch Players From October, Says Minister

Operators that passively target the Dutch market without a licence after October 1 face enforcement action and possible licensing jeopardy, following new instructions from the country’s gambling minister.
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Gambling

U.S. M&A Activity Set To Continue As Sportsbooks Seek Tech, Online Casino Assets

The splurge of merger and acquisition activity in the U.S. sports betting and online gaming market is likely to continue into 2022, according to the chief executive of Bragg Gaming and former CEO of SBTech.
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Gambling

AML Control – An Expert Speaks

In this article we speak to Rachel Woolley, the director of financial crime at know your customer (KYC) technology firm Fenergo, about a wide range of topics on the subject of money laundering control.
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Payments

Prepare For CBDCs To Shake Up Financial System, Says German Banking Supervisor

Central bank digital currencies (CBDCs) could change the banking industry radically, but this does not entitle them to special treatment, according to the president of Germany’s central bank.
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Payments

Fight Over U.S. Financial Account Flow Reporting Proposal Heats Up

Tensions surrounding a new proposal, aimed at closing the tax gap by creating a massive reporting obligation for financial account flows, are intensifying. The U.S. Treasury Secretary wants President Biden to include the proposal in his spending bill, but a group of Republican senators have introduced a bill to stop that from happening.
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Payments

News In Brief - September 20, 2021

Beset by regulatory troubles, Coinbase has applied to the U.S. National Futures Association to register as a Futures Commission Merchant.
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Payments

Lawmakers Give Gambling Operators Chance To Complain About UK Regulator

Gambling operators will be offered the chance to anonymously complain about the UK Gambling Commission after claims they are “scared” of lodging formal complaints because of the fear of “retribution”.
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Gambling

Online Gaming, iLottery On Different Legislative Track To U.S. Sports Betting

As sports-betting bills continue to sail through state legislatures, legal experts and industry executives remain perplexed as to why measures legalizing online casino and internet lottery games face more skepticism from lawmakers despite the significant tax revenues on offer.
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Gambling

Hong Kong Jockey Club Strips Membership From Jailed Democrats

The Hong Kong Jockey Club has revoked the memberships of three veteran pro-democracy figureheads convicted for political activity, including former Apple Daily media mogul Jimmy Lai and barrister, democracy activist and ex-legislator Martin Lee.
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Gambling

News In Brief - September 17, 2021

The Bank for International Settlements Innovation Hub to test central bank digital currencies for international settlements, while the Electronic Transactions Association sets out five guiding principles for crypto. In the U.S., the Federal Trade Commission has opened the rulemaking petition process to the public, and in Estonia the finance minister warns that new crypto-licences could be suspended.
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Payments

The Other Side Of The Crypto Coin: There Are Controls To Mitigate Risks

People are ceasing to perceive crypto-assets as risky and are taking a more balanced approach to them by looking at risks and controls together. As many banks are still struggling to understand the full spectrum of crypto-asset products, UK Finance has released a white paper to encourage the forging of trusted relationships between traditional financial institutions and the rapidly-growing new industry.
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Payments

Boris Johnson Switches Gambling Act Review Boss

The politician leading the review of the UK Gambling Act has been replaced, after falling victim to Prime Minister Boris Johnson’s Cabinet reshuffle.
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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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