fscom News and Events

Brexit: A lifeline in Lithuania?

[fa icon='calendar'] 25-Sep-2018 09:45:22 / by James Borley posted in E-money, FCA, Compliance, Payment services, BREXIT

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fscom Announce Recent Promotions

[fa icon='calendar'] 18-Sep-2018 13:50:24 / by fscom Team posted in fscom News, E-money, Payment services, Company news, Recruitment, careers

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REP018, Open Banking and the InfoSec Challenges facing the Payments Industry

[fa icon='calendar'] 10-Sep-2018 09:55:00 / by Alison Donnelly posted in PSD2, E-money, Compliance, Payment services, GDPR

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Brexit: Out of the EU...back to Brussels?

[fa icon='calendar'] 06-Sep-2018 20:49:56 / by James Borley posted in PSD2, E-money, FCA, Payment services, BREXIT

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Following my well-received blog about the ACPR’s approach to UK payment/e-money institutions applying for authorisation in France as part of their Brexit strategy, it was almost obvious that I should follow this up with consideration of near-neighbours Belgium. 

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fscom Appoints New Head of Marketing

[fa icon='calendar'] 31-Aug-2018 11:49:43 / by fscom Team posted in fscom News

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fscom is delighted to announce its appointment of Elaine Tighe as our new Head of Marketing. 

Elaine brings with her over 17 years of marketing and business development experience specifically within the business to business marketplace in the UK and Ireland. 

The role will involve the development and implementation of an integrated marketing strategy to support the fscom vision and ambitious growth plans.

 

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Complaints handling - what does good look like?

[fa icon='calendar'] 29-Aug-2018 16:30:49 / by Rachel Stevenson posted in PSD2, FCA, Compliance, Complaints

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Brexit: All roads lead to...Paris?!

[fa icon='calendar'] 28-Aug-2018 14:45:59 / by James Borley posted in PSD2, E-money, FCA, Compliance, Payment services, BREXIT

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Open Banking; not just for banks

[fa icon='calendar'] 17-Aug-2018 12:32:15 / by Alison Donnelly posted in PSD2, E-money, Payment services

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How is your business preparing for Open Banking? According to a HM Treasury paper published earlier this month, Open Banking ha s the potential to ‘boost UK GDP by more than £1 billion annually.’ The Paper heralds the advantages of openness and data sharing generally across sectors of the economy and discusses the government’s strategy to ‘put the UK at the forefront of the AI and data revolution.’ And indeed, the free flow of data has key advantages in terms of data analytics and personalising the sale of goods and services to customers.
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“Mirror, Mirror on the wall, who is the fairest (regulator) of them all?”

[fa icon='calendar'] 06-Aug-2018 11:53:11 / by James Borley posted in PSD2, E-money, Payment services, FINTECH, BREXIT

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For some, Brexit may still seem like something out of a fairy tale but, whether you are for or against, it will become a reality next March 2019.

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ESMA's temporary product intervention decisions: NDFs

[fa icon='calendar'] 03-Aug-2018 15:54:59 / by Rachel Stevenson posted in FCA, BREXIT, ESMA, Investment firms, MIFID II, NDFs

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The implementation of MiFID II in January triggered a significant change in the blanket treatment of FX forwards in the UK and, as a result, non-deliverable forwards (NDFs) became regulated products and overnight were reclassified as contracts for difference (CFDs). Any FX brokers that wished to continue offering NDFs were forced to apply to the FCA to obtain the relevant investment firm regulatory permissions in order to continue providing the same range of FX products they had always offered their clients.

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