Key developments of interest over the last month include: the U.S. Consumer Financial Protection Bureau’s decision to restart the open banking rulemaking process; the UK FCA’s publication of a policy statement with final rules and guidance for stage 1 ‘Supplementary Regime’ reforms to the safeguarding regime for payments and e-money firms; the commencement of Hong Kong’s stablecoin licensing regime; and Singapore’s timetable to phase out corporate cheques, supported by new Electronic Deferred…
By: Hogan Lovells
By: Hogan Lovells
