天涯海角社区

Looking for the latest insights and trends from the Financial Services and Gambling industry?

Your window into the complex world of compliance and regulations, covering timely topics and developments that are reshaping these industries

Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Europe Advances Plans For Real-Time Payments Connectivity With Asia

By linking its TARGET Instant Payment Settlement (TIPS) system with India and Southeast Asia, the European Central Bank (ECB) is accelerating real-time payments globally and challenging European payment service providers (PSPs) to prepare for faster flows and competitive pressures.
Read more

Prolonged Limbo On Open Banking Leaves US Financial Sector Navigating Uncertainty

A renewed push from Democratic senators highlights how the stalled Personal Financial Data Rights (PFDR) rule is forcing banks and fintechs to rethink strategy, as shifting political priorities threaten a stable data-access framework for the long term.
Read more

US Open Banking Rule Highlights Industry Divisions Over Data And Fees

By defining who can access consumer data, whether fees are allowed and compliance timelines, the Personal Financial Data Rights final rule (PFDR Rule) underscores continuing legal and market tensions between banks and fintech innovators.
Read more

EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
Read more

Entain Prosecuted In Australia Over 'Systemic' AML Failures

After a 27-month investigation, Australian financial transactions regulator AUSTRAC has launched a civil prosecution against Entain's Australian subsidiary over 鈥渟erious and symptomatic non-compliance鈥 with anti-money laundering and counter-terrorism financing laws.
Read moreRead more
Gambling

Nevada Regulators Revoke License Of Former Casino Executive

Nevada gaming regulators have agreed a settlement that will effectively cost Scott Sibella, the former top executive with Resorts World Las Vegas and MGM Grand, his career in the casino industry almost a year after he pled guilty to criminal charges associated with a money laundering case involving an illegal bookmaker.
Read moreRead more
Gambling

Brazil 'Sin Tax' Advances, As Colombia VAT Plan Stalls

Online gambling groups in Brazil and Colombia have had contrasting fortunes in their lobbying efforts to avert new taxes being applied to the industry.
Read moreRead more
Gambling

CFPB Director Hints That He Will Not Resign, But 'Respects' Trump's Right To Fire Him

The director of the US Consumer Financial Protection Bureau (CFPB) has refused to say whether he will resign when Donald Trump takes office, leading to speculation that he will be fired.
Read moreRead more
Payments

UK Treasury Taps City Lawyer To Review Payments, E-Money Insolvency Framework

HM Treasury has confirmed the appointment of Adam Plainer, a prominent restructuring lawyer in London, to lead a review of the insolvency regime for payments and e-money firms.
Read moreRead more
Payments

PSR To Merge Managing Director Role With FCA Position

The UK payments regulator has confirmed that it will be recruiting for a managing director, who will also be responsible for oversight of payments and digital assets at the Financial Conduct Authority (FCA).
Read moreRead more
Payments

CFPB's Final 1033 Rule A Missed Opportunity For Some, Despite Progress

The final version of the rule on data sharing was welcomed by much of the industry, but some in the sector consider it a missed opportunity to advance safer open banking in the US.
Read moreRead more
Payments

Cross-Border Interchange Fees At 'Unduly High Level', Says PSR

The Payment Systems Regulator (PSR) has confirmed significant competition concerns regarding cross-border interchange fees and is proposing a price cap to curb excessive costs for UK businesses. However, it remains open minded as to what this price cap will be.
Read moreRead more
Payments

Tennessee Targets Influencers In Updated Sports-Betting Rules

Tennessee regulators will consider new rules for sports betting next month that include unique requirements for the use of influencers or brand ambassadors by operators to promote their products.
Read moreRead more
Gambling

News In Brief: December 9-December 13, 2024

A coalition of sports-betting operators in Michigan is organising opposition to a 0.1 percentage point tax increase.
Read moreRead more
Gambling

Daily Dash: Egypt Launches New Instant Payouts Service For Incoming Remittances

The Central Bank of Egypt (CBE) has announced the launch of a new banking feature, which will allow customers to receive remittances in real time via the country鈥檚 instant payment network (IPN).
Read moreRead more
Payments

Regulatory Influencer: Saudi Arabia E-Wallet Rules Catalyse Digital Transformation

On November 17, 2024, the Saudi Central Bank (SAMA) published E-Wallet Rules as part of its reforms to the supervision of electronic money institutions (EMIs). The new rules include provisions and obligations related to the requirements for opening electronic wallets (e-wallets) and the verification of clients鈥 identities.
Read moreRead more
Payments

Week In Crypto: US Regulators Urge Congress To Pass Federal Stablecoin Legislation

US regulators have called on lawmakers to introduce federal stablecoin legislation, in an effort to guard against the risk of runs and fraud posed by 鈥渙paque鈥 issuers.
Read moreRead more
Payments

European Commission Pushes For 鈥楴o Action Letter鈥 To Address PSD2/MiCA Interplay

The European Commission has acknowledged the 鈥渃ertain overlap鈥 between the Payment Services Directive (PSD2) and the Markets in Crypto-Assets (MiCA) regulation, calling for supervisory authorities to take action.
Read moreRead more
Payments

Danish Hardware Business Faces Enforcement Action For Mastercard Surcharge

The Danish Competition and Consumer Authority has said that it will report retail merchant Silvan to the police, for violating the country鈥檚 Payments Act by charging a fee for a customer paying with Mastercard.
Read moreRead more
Payments

Illinois Licenses Bet365, Keeps Temporary Ban On Objectionable NFL Wagers

The Illinois Gaming Board has granted a sports-betting license to bet365 to offer retail and mobile wagering though a partnership with Walker鈥檚 Bluff Casino, while keeping a temporary suspension on certain National Football League wagers in place until next year.
Read moreRead more
Gambling

Kindred Appeal Loss Means It Must Prove It Has Exited Norway

An appeals court loss for Kindred Group鈥檚 Trannel International has led the Norwegian Gambling and Foundation Authority to order the Fran莽aise des Jeux (FDJ)-owned online gambling company and its rival Betsson Group to confirm they do not market gambling to Norwegians, or face daily fines.
Read moreRead more
Gambling

Online Casino Discussions Begin In Louisiana

A Louisiana Senate committee held its first conversations about potentially adding online casinos to the state鈥檚 gaming portfolio on Wednesday, while the state鈥檚 top gaming regulator said more cease-and-desist letters are coming for unregulated operators.
Read moreRead more
Gambling

Daily Dash: International Operation Catches Scammers

An international operation supported by EU agencies Europol and Eurojust has dismantled a "phone phishing" gang operating across Belgium and the Netherlands, resulting in the arrest of eight suspects.
Read moreRead more
Payments

Daily Dash: South Korea Opens Applications For Innovative Financial Services Designation

The Financial Services Commission (FSC) of South Korea has opened the application period for its Innovative Financial Services designation.
Read moreRead more
Payments
Archive
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Premium Content

Our premium content is available to users of our services.
To view articles, please log in to your account, or sign up today for full access:

天涯海角社区 View: The UK鈥檚 Crypto Perimeter Clarification 鈥 Mapping the Transition to FSMA

In Consultation Paper CP26/13, the Financial Conduct Authority (FCA) adds an extra level of granularity to its plans for the cryptoasset regulatory regime, aiming to avoid edge cases and provide clarity for affected entities.
Read article

Regulatory Influencer: Are the Americas Entering a New Phase of Risk-Based Supervision? Argentina Leads the Way

Between January and March 2026, the Argentine National Securities Commission (CNV) introduced a series of targeted reforms aimed at simplifying reporting obligations, modernising administrative procedures, and reducing regulatory burdens for investment firms.
Read article

Experimental Legal Regime Formalises Russian Crypto Trade Settlements

New legislation may help to take decentralised finance from a workaround for sanctions to a supervised payment rail, moving cross-border payments from a legal grey area, increasing stability and reducing costs.
Read article

Latest Proposed Rules for Bank-Issued Stablecoins in the US Introduce Fresh Challenges

The new framework signals a high-barrier, high-discretion regime that could narrow the market to a handful of systemic players that can respond to shifting regulatory demands, leaving smaller banks on the sidelines.
Read article

Kenya鈥檚 Crypto Framework Risks Squeezing Out Local Innovation

The end of a key consultation period means the modernisation of crypto and digital assets regulation continues to advance, but strict rules could inadvertently disadvantage local start-ups and lead to capital flight and consolidation.
Read article

Twin Announcements Signal Major Overhaul of US AML/CTF Regulation

The new proposed rulemakings aim to force a shift from static policy design to real-time operational maintenance, requiring firms to prove that their compliance frameworks actually stop illicit activity rather than just documenting it.
Read article

Regulatory Influencer: New Zealand鈥檚 AML Levy - Privatising the Cost of Effective Supervision, A One-Off or More to Come?

The New Zealand Ministry of Justice (MoJ) has released the AML levy proposal outlining its plans to impose a charge on anti-money laundering (AML) reporting entities to fund the establishment and running of a standalone AML regulator for the country. While the AML Amendment Bill and the AML Supervisor and Levy Bill, which form the legal basis for this proposal, have yet to be passed in parliament, the levy鈥檚 stated implementation date of July 2027 could mean a costly recurring bill for AML reporting entities from next year.
Read article

UK鈥檚 Payments Association Calls For APP Fraud Regulation To Target Digital Platforms

The industry body has called for new regulations that would impose strengthened fraud prevention standards across social media, online marketplace and instant messaging platforms operating in the UK.
Read article

Unpacking the RBA鈥檚 Ban on Card Surcharging and New Interchange Caps

Changes to the rules on merchant card fees in Australia aim to introduce greater transparency and spur competition, and will contribute to the shifting landscape as alternative payment methods expand the variety of options.
Read article

Regulatory Influencer: A Playbook Emerges - Convergence and Divergence in State Crypto Kiosk Regulation

In March 2026, Maine became the latest in a growing number of states to adopt legislation regulating virtual currency kiosks (crypto ATMs) in the US. Maine's law builds on emergency legislation adopted by the state in June 2025, regulating virtual currency kiosks within the state鈥檚 money transmission framework and providing additional consumer protections specific to kiosks. Elsewhere, legislation to regulate crypto kiosks and implement consumer protection measures is, at the time of writing, awaiting the governor鈥檚 signature in Florida, Kansas, and Virginia. The legislation reflects a regulatory pattern emerging across the US. States are beginning to converge on a common regulatory framework for virtual currency kiosks, addressing consumer protection concerns and fraud risks through comprehensive legislation, plugging a gap left by federal supervision, which has remained primarily focused on anti-money laundering (AML) oversight.
Read article
Still can鈥檛 find what you鈥檙e looking for?
Get in touch to speak to a member of our team, and we鈥檒l do our best to answer.
Contact us