The FCA’s message to payment and e-money firms is clear: safeguarding is no longer just a technical compliance topic. It is one of the regulator’s core priorities for the payments sector. In its latest Payments Regulatory Priorities, the FCA identifies “keeping customers’ money safe” as one of its four key areas of focus. This sits alongside innovation in payments, Consumer Duty, and protecting financial system integrity. For authorised payment institutions, electronic money institutions,...

FCA PS25/12 finalises CASS 15 for payment & e-money firms: daily reconciliations, safeguarding audits and a resolution pack. Key dates and what to change.

The new safeguarding rules for e-Money and Payment Institutions aren't going away. Be ready and start a proper gap analysis.