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On June 2, 2025, the Polish Financial Supervisory Authority (KNF) announced that it had submitted a package of proposals intended to simplify regulatory frameworks across the EU financial services sector to the EU member states, the European Commission and other institutions within the EU Financial Services Committee. These proposals form part of a broader initiative led by the Polish Ministry of Finance, which aims to harmonise and streamline EU regulations to support the competitiveness of the European Union’s economy, including that of Poland.

Under Hong Kong’s new Stablecoins Ordinance, another milestone in the global trend towards regulating digital assets in the same way as traditional financial services, any person who issues stablecoins referencing an official currency must obtain a licence from the Hong Kong Monetary Authority (HKMA).

In a submission to the Norwegian Consumer Authority, the consumer advocacy group has accused the Swedish fintech firm of repeatedly violating Norway’s credit marketing regulations.

The Monetary Authority of Singapore (MAS) has clarified the scope of its regulatory regime for providers of digital tokens, crypto-assets used for payments.

UK financial services firms will be encouraged to experiment with artificial intelligence (AI) as part of the Financial Conduct Authority’s (FCA) strategy to support economic growth through technological innovation.

Businesses should join forces and share data to advance the fight against increasingly sophisticated scams, according to the Australian National Anti-Scam Centre.

The UK Financial Conduct Authority (FCA) has outlined significant changes to its enforcement rules, although it has stopped short of implementing some of the more controversial elements of its original proposal.

Retailers will not be able to refuse cash payments in New York if Governor Kathy Hochul signs off on legislation that has passed both houses of the state legislature.

This report is the third installment in a four-part series analyzing the RPAA and identifying key components of the law that PSPs should consider when doing business in Canada. This report focuses on the requirement to safeguard end-user funds.

Despite the US leadership pushing for an increasingly deregulated financial services market, some payments players and politicians in Europe are adamant that standards being watered down is not the way to boost growth.