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Sidley Austin LLP

Sidley Austin LLP is a premier law firm with a practice highly attuned to the ever-changing international landscape. The firm has built a reputation for being an adviser for global business, with more than 2,000 lawyers worldwide. Sidley maintains a commitment to providing quality legal services and to offering advice in litigation, transactional and regulatory matters spanning virtually every area of law. The firm’s lawyers have wide-reaching legal backgrounds and are dedicated to teamwork, collaboration and superior client service.

Articles

PSD3: What to Expect Based on the European Banking Authority Opinion

PSD2 is the main piece of European Union legislation governing payment services, and it is being reviewed. As part of the review, the European Commission requested advice from the European Banking Authority, which was issued on 23 June 2022. This Sidley Update considers that advice and what it means for PSD3. https://www.sidley.com/en/insights/newsupdates/2022/07/psd3-what-to-expect-based-on-the-european-banking-authority-opinion

NEW BOOK: Payment Services: Law and Practice, edited by John Casanova and Max Savoie, Sidley Austin LLP, London, UK

This book provides an overview and practical examination of key areas of payments law and regulation in the EU and UK, as well as introductions to analogous legal regimes in the United States, Hong Kong, Singapore and sub-Saharan Africa. It is an important resource for lawyers and compliance officers in the payments sector. For more information go to https://www.e-elgar.com/shop/isbn/9781839107979

FCA Updates Rules and Guidance for Payment Service Providers

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.

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