BNPL Regulation: What FCA Authorisation Means for BNPL Operators
From 15 July 2026, BNPL firms must hold FCA authorisation or rely on the Temporary Permissions Regime. What PS26/1 and SI 2025/859 require now.
-
-
FCA Safeguarding Rules 2026: A Compliance Checklist for 7 May
The FCA supplementary safeguarding regime under CASS 15 takes effect on 7 May 2026. This compliance checklist covers the operational requirements for payment institutions and e-money institutions: daily reconciliation, monthly reporting, annual audit, resolution packs and third-party due diligence.
-
PSR/FCA Consolidation: What Changes for Payment Firms and Scheme Participants
The PSR FCA consolidation transfers all PSR functions to the FCA. What changes for payment service providers, scheme participants, and payment system operators.
-
What Do the FCA and PSR Regulate? A Guide to UK Payments Regulation
The FCA and PSR regulate UK payment services, payment systems and electronic money. Guide to authorisation, enforcement powers and the PSR consolidation.
-
Agentic AI and Payments: Can an AI Agent Consent to a Payment?
Agentic AI payments raise an unresolved question in UK payments law: can an AI agent give valid consent under PSRs 2017 Reg 67? Analysis of the regulatory gap and what it means for fintechs and payment institutions.
-
FCA Safeguarding: Six Weeks to the Supplementary Regime
Quick answer. The FCA’s Safeguarding Supplementary Regime takes effect on 7 May 2026, requiring payment and e-money institutions to meet new daily reconciliation, reporting and audit obligations on relevant funds. FCA safeguarding reform is now weeks away from taking effect. The FCA published its Payments Regulatory Priorities report on 25 March 2026, confirming that keeping…
-
The Payments Forward Plan: A Three-Year Roadmap for UK Payments Regulation
Quick answer. The Payments Forward Plan published by the Bank of England, FCA, PSR and HM Treasury is the UK’s first coordinated three-year roadmap for retail, wholesale and digital asset payments, and the clearest signal yet of the shape of future rulemaking. On 26 February 2026, the Payments Vision Delivery Committee published the Payments Forward…
-
EU | Payments Regulation | UK
PSD3 and the UK: Two Payments Regimes, One Direction of Travel
The EU agreed PSD3 and the Payment Services Regulation in November 2025, overhauling fraud liability, open banking and e-money rules. The UK is not bound by PSD3, but its own payments reform is heading in a similar direction. What firms operating across both regimes need to know.
-
Goodbye from Watching the Connectives
To all my readers, thank you and goodbye. This blog is now an ex-blog.
-
Myanmar mobile banking and payment: where to start?
A 2015 snapshot: why remittance services and banking the unbanked were the two mobile banking use cases most likely to take root first in Myanmar as the country moved away from a cash economy. Archived for reference; regulatory position has since moved on.
-
Monetary Authority of Singapore publishes consultation on revising outsourcing guidelines
On Friday 5 September, the Monetary Authority of Singapore (which regulates financial institutions in Singapore) published a consultation on revising its existing guidelines on outsourcing. Responses are due by the 7th October. Subscribe below for updates on transactions, or contact Rob Bratby at Bratby Law.
-
International bar association debates mobile payment
Mobile payment is a topic close to my heart, so I am delighted to be joining a distinguished panel at the International Bar Association‘s annual conference in Dubai this afternoon to discuss developments in mobile payment from a comparative perspective. The session is being run jointly by the communications, banking and technology committees of the IBA…
