Little has been heard from Rishi Sunak since losing the Tory leadership race to rival Liz Truss, now Prime Minister of the U.K., earlier this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits from illegal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Last week saw the implementation of the U.K.’s long-awaited “Register of Overseas Entities,” a cornerstone of the government’s Economic Crime Act. But what is “economic crime” and why has the U.K. been moved to legislate against it? Get the Full Story Complete the form to...
On Wednesday (July 13), the Treasury Committee at the U.K. Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border interchange fees after the U.K. left the European Union. The companies have until July 27 to respond. Get the Full...
September 25, 2022
Little has been heard from Rishi Sunak since losing the Tory leadership race to rival Liz Truss, now Prime Minister of the U.K., earlier this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]
November 23, 2022
A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now moving through Parliament. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]
September 22, 2022
A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits from illegal activity. Get the...
January 24, 2020
Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing artificial intelligence and automated decision-making...
November 01, 2019
U.K. legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported on Friday (Nov. 1). Get...
