by Jyotsna Bucktowar | Jul 2, 2026
The Payment Vision Delivery Committee (PVDC), comprising HM Treasury, the Bank of England, the FCA and the PSR, has issued new supporting context to the RPIB consultation on the future retail payments infrastructure, providing fresh detail on the proposed commercial...
by Jyotsna Bucktowar | Jun 30, 2026
The joint policy paper sets out how the Bank of England and FCA will coordinate the supervision of systemic stablecoin issuers, clearly defining each regulator’s responsibilities, outlining the transition from FCA-only to joint oversight once an issuer is...
by Jyotsna Bucktowar | May 15, 2026
The authorities warn that while AI can improve efficiency, detection capabilities, and financial innovation, it also introduces new systemic risks, particularly where firms rely heavily on third-party AI providers, interconnected digital infrastructure, and automated...
by Jyotsna Bucktowar | Jun 24, 2025
The updated MoU clarifies roles, embeds data sharing, and promotes joint supervision, particularly around issues like push payment fraud and digital wallets. It also prepares for the planned consolidation of the PSR into the FCA, ensuring a seamless transition while...
by Jyotsna Bucktowar | May 2, 2025
The phrase “Shape Future” underscores the consortium’s role in influencing the evolution of financial crime detection and risk management, making it clear that the platform aims to bring innovation to these critical areas. It also emphasizes the dual nature of the...
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