Vixio Live: A Regulatory Roundup of July's Payments News

Our Vixio Live series is your monthly window into the complex world of compliance and regulations, where our experts use our Horizon Scanning tool to review the biggest regulatory changes that have happened during the previous month.In this episode, Vixio experts Luke Baker and Jimmie Franklin examine the regulatory updates across various regions in July 2024.Highlights include:In the UK, the FCA published its review on how effectively firms are following the FCA’s current guidance on the treatment of politically exposed persons (PEPs)In Europe, the EU Artificial Intelligence Act was officially published, which has been developing since April 2021In Thailand, the Thai Securities and Exchange Commission (SEC) issued a consultation for feedback on a proposal to ban the use of cryptocurrencies as a method of payment for goods and services in the kingdom