UK Financial Conduct Authority plans to reform safeguarding rules for e-money and payment institutions
The Payments Association
OCTOBER 23, 2024
On 25 September 2024, the UK Financial Conduct Authority (FCA) published its long-awaited Consultation Paper (CP24/20) setting out proposed changes to the safeguarding rules applicable to electronic money institutions (EMIs) and payment institutions (PIs) (together, payments firms).
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