UK CCPs: HM Treasury consults on expanded resolution regime - HM Treasury is consulting on an expanded resolution regime for central counterparties (CCPs). HM Treasury intends.
Key developments of interest over the last month include:
• United Kingdom: The Payment Systems Regulator (PSR) has published two calls for views, one of which focuses on authorised push payment (APP) scams and the other on consumer protection in interbank payments.
• India: The government is planning a cryptocurrency bill with the aim of establishing a framework for the creation of an official digital currency to be issued by the Reserve Bank of India.
• United Kingdom: The FCA is consulting on changes to its technical standards on strong customer authentication (SCA) and common and secure methods of communication (UK SCA-RTS) and to its Payment Services and Electronic Money Approach Document.
Are you ready to use a ‘digital wallet’? For the uninitiated, this refers to a virtual currency that is meant to be a complement to the cash in peoples’ wallets. Eurozone central bankers are leaning towards a rollout of the so-called digital euro later this year. The digital euro will be an electronic form of […]
Malta Chamber of SMEs wins European Civil Solidarity prize for project that supported businesses during pandemic
The Malta Chamber of SMEs wins the European Economic and Social Committee Civil Solidarity prize for the support it gave small and businesses during the COVID-19 pandemic
15 February 2021, 1:48pm
by Laura Calleja
SME Chamber CEO Abigail Mamo said the organisation acted as a central point of support for businesses navigating the uncertainty caused by the pandemic
The committee awarded prizes for projects in 22 member states.
The SME Chamber said its initiative was tailor-made for the COVID-19 pandemic, and “proved effective in filling a gap in support that businesses desperately needed.”