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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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Shots Fired In Sihanoukville Online Raid As Crime Wave Flourishes

Police in Sihanoukville have arrested 15 Chinese nationals and confirmed shots were fired during a Friday raid on a hotel casino complex that was hosting online gambling operations.
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Gambling

Nigeria, Ghana Regulators Collaborating To Raise Revenues

The director-general of Nigeria’s National Lottery Regulatory Commission wants to team up with Ghana to form a regional gambling stronghold in the West African sub-region.
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Gambling

German FIU Under Money Laundering Suspicion

Agents of the Osnabrück public prosecutor’s office have raided the ministries of finance and justice in Germany, on apparent suspicion that someone at the financial intelligence unit (FIU) has colluded in money laundering.
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Payments

UK Unveils Data Protection Reform Plans

The UK government has unveiled plans to water down the provisions of the UK GDPR, the country's version of the EU General Data Protection Regulation. In doing so, it is raising the possibility that the EU will cease to regard its regime as "adequate", which in turn might interrupt the easy flow of personal data between the UK and the EU.
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Payments

News In Brief - September 13, 2021

Police ought to do more to tackle online fraud, the City of London Board chair has said.
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Payments

NFL Broadcasters Adjusting To League Gambling Evolution

As the National Football League’s position on gambling references and advertisements during game broadcasts continues to evolve, the league’s flagship television broadcasters say the tone of the games will not change overnight to a heavier gambling focus.
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Gambling

Could Sports-Betting Battle Spread From Florida To Illinois As Seminoles Expand?

A sports-betting ballot war appears all but certain next year in Florida, and the conflict might spread to Illinois where Hard Rock International plans to develop a $311m casino and continue its expansion into the commercial casino market.
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Gambling

Dutch Gambling Industry Hopes Agreement Can Head Off Ad Backlash

Dutch gambling industry executives are hoping a voluntary agreement can be forged with media and broadcasting officials that will fend off a potential “avalanche” of marketing and a resulting political backlash.
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Gambling

Nordic Restrictions Aid Unlicensed Operators, Argue Trade Groups

Restrictions across the Nordic region are being driven by politics as opposed to data and will force players to use unlicensed operators, according to the heads of the Swedish and Danish online trade groups.
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Gambling

News In Brief - September 10, 2021

The UK's Payment Systems Regulator has appointed two new senior advisors, and Cypriot authorities embrace blockchain and cryptocurrencies.
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Payments

Ultimatum For Coinbase

Coinbase is in hot water with the U.S. Securities and Exchange Commission over its plans to award users interest on the crypto-coins that they are not trading at the moment.
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Payments

Brush Up On Cyber Risks, EU Authorities Warn FIs

The financial sector is increasingly at risk from cyber-attacks, the European supervisory authorities have warned in their latest report on the subject.
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Payments

Ontario Online Opening Draws Near As Sports-Betting Standards Set

Ontario’s gambling commission has published final standards for online sports betting and internet gaming and confirmed that operators will be able to start the application process to become regulated in the province as soon as Monday.
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Gambling

888 Says It's Keen On Keeping William Hill Shops

888 Holdings has affirmed its interest in keeping William Hill’s 1,400 stores, as its chief executive said it had rebuffed approaches to sell them.
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Gambling

Finnish Licensing Possible By 2026, Consultant Predicts

A change in political power could see a licensing system introduced in Finland as early as 2026, according to a former Veikkaus Oy VP turned local gambling consultant.
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Gambling

DC Lottery Needs Changes To Boost Sports-Betting Revenue

The DC Lottery’s sports-betting product is performing poorly, and the city should consider increasing the tax rate on private operators, as well as other structural changes, to assist the struggling program, according to a new report from D.C.’s independent monitor.
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Gambling

News In Brief: September 6-September 10, 2021

Netherlands licensees to be named in late September, Cypriot regulator wants gambling companies to embrace crypto and Japan's Yokohama is officially withdrawn from casino-resort contention.
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Gambling

China’s Personal Information Protection Law To Take Effect On November 1

Swingeing fines and the revocation of business permits are the order of the day for China's new data protection law, which stipulates that firms that are guilty of serious offences can pay fines of up to 50m renminbi (US$7.74m), or 5 percent of their annual turnover.
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Payments

Bank Of England Gauges Pandemic’s Effect On Its Payment Systems

The Bank of England has published its Real Time Gross Settlement (RTGS) system and Clearing House Automated Payment System (CHAPS) annual report, which shows that the central bank's payments systems have remained resilient despite the depredations of COVID-19.
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Payments

News In Brief - September 9, 2021

Adrienne Harris is to be the next leader of the New York State Department of Financial Services, while the U.S. Securities and Exchange Commission is investigating Uniswap, a global DeFi (decentralised finance) exchange.
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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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