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As the authorities implement the National Payments Vision (NPV) and extend the regulatory perimeter to ensure consumer protection in newer areas of the system, compliance teams face a wave of new obligations.

On October 30, 2023, the European Union published Directive (EU) 2023/2225 (Consumer Credit 2 – CCD2) in the Official Journal of the European Union. Subsequently, on May 19, 2025, the UK government launched a consultation on proposed reforms to the Consumer Credit Act 1974 (CCA). Given the upcoming November 20, 2026 application date of CCD2, the July 15, 2026 application date of the UK’s deferred payment credit (DPC) regime and the expected phase 2 consultation of the UK rules, this regulatory influencer will examine the necessity of the changes, the jurisdictional approaches, as well as provide a comparison of the two.

Payments firms in the UK should see greater clarity and feel less regulatory burden, but must ensure their adoption of technology enables real-time, data-led compliance that supports consumer protection and operational resilience.

This Regulatory Framework - European Union Report provides a detailed overview of European Union legislations which apply to financial services. The report contains: A legislative landscape. The authorities framework. Definitions. Upcoming legislation. A regulatory landscape.

The war is acting as a catalyst for increasing digitisation and data sovereignty, with efficiency becoming less of a priority than resilience in the context of state-sponsored cyber targeting of critical infrastructure.

The UK’s Financial Conduct Authority’s (FCA) new safeguarding rules will come into effect on May 7, 2026. The upcoming changes will only relate to the interim rules introduced in the August 2025 policy statement (PS25/12) under the “Supplementary Regime”, which enhances safeguarding requirements under the Electronic Money Regulations 2011 (EMRs) and the Payment Services Regulations 2017 (PSRs).

Although the priorities mostly emphasise the importance of effective execution and positive outcomes for consumers and the market, payments firms operating in the UK should note the warning that on-paper compliance is no longer enough.

Rather than introducing sweeping artificial intelligence (AI) legislation, US policymakers are constructing a sector-based governance architecture for AI in financial services, built around voluntary frameworks, supervisory coordination and existing regulatory structures.

Following a Senate vote to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC), an agreement on stablecoin yields has established a boundary between passive interest and activity-based rewards.

The initiatives contrast in approach and intent, but together signal a transition from abstract artificial intelligence (AI) theory towards concrete regulatory implementation and sector-specific oversight.