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UK FCA consults on cryptoassets guidance

The UK Financial Conduct Authority is hopeing that the final guidance will clarify its expectations for firms undertaking cryptoasset activities in the UK and help them ensure they are compliant and have appropriate consumer safeguards in place

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Bank of Italy consults on implementing EBA Guidelines and Recommendations for banks

The Bank of Italy is consulting on implementing EBA Guidelines and Recommendations for banks on incident reporting, security measures for operational and security risks of payment services and on outsourcing to cloud service providers

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EU financial regulator asks whether new pan-EU rules on cryptoassets are needed

The European Banking Authority has published its assessment of the applicability and suitability of EU law to cryptoassets, recommending that the European Commission undertakes further analysis to determine the appropriate response at EU level

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Bank of Italy issues communication on PSD2 SCA and fall back mechanism exemptions

The Bank of Italy has published a communication providing instructions on the exemption from the fall back mechanism and the SCA exemption for corporate payments under PSD2

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FCA finalised guidance on fairness of variation terms in financial services consumer contracts: the devil's in the detail

While there were not many substantial changes from the  Financial Conduct Authority's draft guidance, but a number of helpful clarifications were made

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PSD2: EBA calls for expressions of interest to take part in its APIs working group

The aim of the group is to identify issues that will emerge as the industry is preparing for the application date of the regulatory technical standard on strong customer authentication and common and secure communication

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PSD2: EBA updates guidelines on reporting requirements for fraud data

The European Banking Authority guidelines have been updated to reflect editorial changes applied to pages 4, 27, 29 and 30

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PSD2: FCA sets approach to final RTS and EBA guidelines

The UK Financial Conduct Authority has published a policy statement on its approach to final regulatory technical standards for strong customer authentication and common and secure open standards of communication, and related European Banking Authority guidelines

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