Payments

Our consultants advise international and domestic payment service providers, including banks, payment institutions, e-money institutions and other businesses wishing to offer payment products.

Payments services regulatory advice

We have extensive experience assisting firms in their compliance with the UK and EU payments and e-money regulatory regimes. Through our well-established relationships with local law firms around the globe, we also offer ROW multi-jurisdictional advice for international firms.

Global compliance integration

Our objective is to assist clients in integrating their compliance policies on a global basis minimising operational variations wherever possible.

Pioneering regulatory authorisations

We were responsible for undertaking the first authorisation of a Payment Institution in the UK and the EU, and have assisted businesses in seeking authorisations on a regular basis.

Core regulatory advisory

Our team advises clients on core obligations relating to licensing requirements, safeguarding of funds and corporate governance structures.

We have dedicated experts to advise on the negative scope of the UK and EU payments regimes including exclusions under the payments and e-money regulations, such as the UK and EU Limited Network Exclusion, Electronic Communication Exclusion and Technical Service Provider Exclusion, and other safe harbours that may be available in ROW.

We advise and represent the interests of our clients when major incidents occur as well as assisting with timely reporting obligations, notifications and timelines, and recommending good practices.