Posts Tagged ‘HM Treasury’
Ecospend joins UK Parliamentary Group on Open Banking and Payments
Ecospend’s CCO James Hickman said it will “take a formative role” in payment policy discussions as a member of the All-Party Parliamentary Group.
Read MoreHSBC rescues UK arm of Silicon Valley Bank in £1 acquisition
The rescue deal, which was facilitated by the UK Government and Bank of England, safeguards SVB UK’s customers’ deposits.
Read MoreUK government opens consultation on proposed BNPL regulation
Stakeholders are being invited to respond to the eight-week consultation, which is proposing the creation of a temporary permissions regime.
Read MoreCity of London fintech body names Ezechi Britton as first CEO
He will work with Charlotte Crosswell, incoming chair of the Centre for Finance, Innovation and Technology.
Read MoreJROC to deliver vision for UK Open Banking in Q1 2023
TrueLayer’s Jack Wilson said “the waiting continues”, as an update from HM Treasury, the CMA, PSR and FCA revealed the Strategic Working Group’s final report has been delayed until January.
Read MoreCMA publishes recommendations for future of Open Banking in UK
The CMA has published its recommendations for the future regulatory oversight and governance of Open Banking in the UK.
Read MoreQ&A: Digital Pound Foundation’s Jim Ford on taking CBDCs mainstream
Jim Ford, payments consultant at Digital Pound Foundation, reveals what needs to happen for CBDCs to become part of mainstream finance.
Read MoreHouse of Lords Committee casts doubt on benefits of UK retail CBDC
In a report, the Economic Affairs Committee concluded there is ‘no convincing case’ for a digital pound, highlighting the ‘significant’ challenges for financial stability and the protection of privacy.
Read MoreUK Government launches consultation on BNPL regulation
The consultation, which closes on 6 January 2022, is seeking views on the potential scope of regulation to ensure ‘proportionate approach’ is taken.
Read MoreConsumer protections a priority for UK payments industry
In its Payments Landscape Review: Response to the Call for Evidence, HM Treasury identified strengthening consumer protections within Faster Payments as one of four priority areas for government, regulators and industry.
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