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Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

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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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Modernisation Knocks On Door Of Companies House

The UK intends to bring its anti-money laundering regime into line with the latest recommendations from the Financial Action Task Force. This may not represent a big overhaul, but experts believe that financial institutions will probably feel the effects of a new Companies House reporting duty and cryptocurrency reporting requirements.
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Payments

Kroll Bribery Survey Reveals Widespread Compliance

Kroll has just published the results of a global bribery and corruption survey that it conducted in March, which ought to be of use to all money laundering reporting officers (MLROs).
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Payments

News In Brief - September 30, 2021

BaFin has fined N26 for anti-money laundering (AML) failures, while Banca d’Italia and ARPCSO have brought an experiment in cross-border, cross-currency, instant payments to a successful conclusion.
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Payments

Chicago Bears Purchase Arlington Park Racetrack For Potential Sports-Betting Location

Churchill Downs Incorporated has announced the sale of the historic Arlington Park racetrack property in suburban Chicago to the NFL’s Chicago Bears for a potential new stadium featuring a sports-betting facility.
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Gambling

Dutch Incumbents Head Licence List As Trade Group Seeks Meeting

Holland Casino and Nederlandse Loterij lead the list of ten Dutch online gambling licensees announced, with major brands such as Unibet, Betsson, PokerStars and bwin left out in the cold.
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Gambling

Swedish Court Rejects XC Gaming Fine Appeal

A Swedish court has rejected XC Gaming Sweden’s attempts to appeal a SEK5m (€490,000) fine imposed on it by the Swedish Gambling Authority last year, deeming the punishment that accompanied an official warning as “appropriate”.
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Gambling

Caesars Makes Late Run For Wakayama, Joins Clairvest Bid

In a renewed Japan gambit with “no capital commitment”, Caesars Entertainment has joined the Clairvest Group consortium that leads Wakayama Prefecture’s bid for an integrated resort licence.
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Gambling

Italian Gambling Minister Appointed With Reform Agenda

The new man in charge of Italian gambling policy comes with his own idea of what good regulation looks like, but inherits a sector in need of drastic reform.
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Gambling

Mastercard Opens A Regulator-Friendly Credit Line

Mastercard Installments' buy now, pay later (BNPL) platform, a technical solution that allows banks to create their own BNPL solutions, is about to come to market in the United States, Australia and the UK.
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Payments

Hong Kong Outlines AML Expectations For SVF Licensees

The Hong Kong Monetary Authority has published the results of a thematic review of money laundering risks at stored value facility (SVF) firms.
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Payments

BIS Pronounces Multi-CBDC Project A Success

A prototype of a multi-central bank digital currency (mCBDC) has shown that digital currencies and distributed ledger technology could result in cheaper and safer cross-border payments, a new report has shown.
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Payments

Asian Payment Linkages Keep On Coming With Singapore And Malaysia

Singapore’s PayNow and Malaysia’s DuitNow will link up in 2022, the respective countries’ central banks have announced.
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Payments

SEC Levies Fine For Corruption On UK Firm

London-based WPP has agreed to pay US$19m to the U.S. Securities and Exchange Commission (SEC) to dissuade it from pressing charges with the accusation that several subsidiaries made corrupt payments. The company, according to the SEC, failed to spot the offences because its internal accounting controls were deficient.
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Payments

Finnish Study Links Problem Gambling, Benefits, Unemployment

A new Finnish study says it has found a clear link between harmful gambling behaviours, people receiving social benefits and the unemployed.
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Gambling

Beijing Warns Online Operators Of Joint Philippine Crackdown

Beijing has issued a new warning to Philippine online gambling operators, promising enhanced cooperation between the two nations’ police forces amid a sustained Chinese crackdown against the regional industry.
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Gambling

Florida Anti-Gambling Coalition Sues Seminoles, Governor Over Compact

The lawsuit everyone has been waiting for finally arrived on Mondayh when a powerful coalition of anti-gambling interests in Florida asked a federal court in Washington, D.C. to nullify the state’s landmark new compact with the Seminole Tribe.
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Gambling

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
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Regulatory Impact Summary: UK Senior Managers & Certification Regime Review

The Financial Conduct Authority's (FCA) changes to the Senior Managers & Certification Regime (SM&CR) are designed to reduce administrative burden and improve proportionality without weakening individual accountability. The reforms were developed jointly with the Prudential Regulation Authority (PRA) and apply to all SM&CR firms, and further updates are expected later in 2026, subject to legislative change by HM Treasury.
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Regulatory Influencer: Modernizing US AML – The Burden of 'Simplification'

After years of industry advocacy and growing acknowledgment from regulators that the current anti-money laundering (AML) framework is not operating as effectively as it should, two significant proposals signal where the future of AML compliance may be headed in the United States.
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India Considers Measures to Fight Rising Digital Payments Fraud

A Reserve Bank of India (RBI) discussion paper has proposed a series of measures to address rising fraud levels in digital payments and ensure that consumers adopting new modes of payment are not making themselves more vulnerable to scams.
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Revised EU Payments Regulation Package Moves Closer With Release of Draft Texts

Regulated firms across Europe can start to prepare in earnest for the new payments regulation framework, as the long period of high-level speculation ends and the roadmap for implementation becomes clear.
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Finland’s Crypto-Assets Ban Faces Long-Term Challenges

Finland’s new gambling laws ban crypto-assets to curb harm, yet this restriction may inadvertently drive players toward offshore sites, potentially clashing with EU MiCA regulations regarding digital payment parity.
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Regulatory Influencer: The GENIUS Act - From Statute to Supervision

With the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act enacted into law last year, federal regulators are now required to implement its final rules by July 2026. Ultimately, these rules will create a legal framework for stablecoins, a unique form of cryptocurrency designed to maintain a steady value through pegs to a reserve asset.
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New Cross-Border Strategy Moves FedNow From Closed Loop to Open Rail

The notice of proposed rulemaking on plans to open the instant payments service to private-sector intermediaries is a step towards permitting its use in cross-border transactions, bringing the US into line with a global trend.
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UK Government Seeks to Create Safe Space for Advancing Payments Technologies

The announcement of a package of measures intended to boost the UK’s competitive edge and modernise its payments services regulation offers limited novelty, but represents further evolution of the country’s regulatory environment.
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Vixio’s Verdict: Inside the UK FCA’s Open Finance Strategy

The Financial Conduct Authority’s (FCA) Open Finance Roadmap, published in April 2026, demonstrates the regulator’s commitment to open finance as part of its broader smart data strategy and signals early intent to engage with industry as it develops the relevant regulatory framework.
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CASS 15 Resolution Pack Checklist for FCA-Regulated Payment Institutions and E-Money Institutions

To help firms build and maintain a complete, accurate and readily accessible resolution pack, Vixio has created this guide, which breaks down the CASS 15 requirements into actionable workstreams that organisations can use to ensure their documentation is complete.
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