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Software is drowning the world
Jan 9, 2021 • James Abley
One of the many upsides I’ve had from working at lots of organisations
is that you get to see what’s common. Are things like this everywhere?
Frequently, the answer is yes!
An example of this is tech debt.
I see organisations which are running to stand still, and I’m not
sure they realised they’re doing that.
What do I mean by this?
Every time you decide to solve a problem with code, you are committing
part of your future capacity to maintaining and operating that code.
Software is never done.
Surveys and Reports
Regulatory Developments
United Kingdom: HM Treasury consultation on new special administration regime for payment institutions and electronic money institutions
On 3 December 2020 HM Treasury (HMT) issued a consultation on proposed insolvency changes for payment institutions (PIs) and electronic money institutions (EMIs), including a bespoke special administration regime (SAR). HMT notes the shortcomings of the current insolvency regime and is making these proposals ahead of the conclusion of the Payments Landscape Review to protect consumers in the event of the insolvency of PIs and EMIs.
The proposed SAR is intended to have the following key features:
An explicit objective on the special administrator to return customer funds as soon as reasonably practicable.
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