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The UK Financial Conduct Authority has set out changes to rules on strong customer authentication, payment account access by third-party providers, and parts of its guidance on the regulation of payment services and electronic money. This update sets out key points for affected firms.
Read more here: https://www.sidley.com/en/insights/newsupdates/2021/12/uk-fca-updates-rules-and-guidance-for-payment-service-providers
Article by Sidley Austin