FM Legal are leading industry experts in payment services and e-money regulation
Our regulatory lawyers advise international and domestic payment service providers, including banks, payment institutions, e-money institutions and other businesses wishing to offer payment products. We have extensive experience in providing regulatory advice on UK and EU regulatory regimes. Through our well-established relationships with local law firms around the globe, we also offer ROW multi-jurisdictional advice on regulatory matters. Our objective is to assist clients in integrating their regulatory policies on a global basis minimising operational variations wherever possible.
Payment services and e-money ▼
Our regulatory lawyers advise international and domestic payment service providers and e-money institutions. We have incomparable expertise to provide regulatory advice on the UK payments and electronic money regulatory regimes.
AML / CFT ▼
Complying with anti-money laundering and counter-terrorist financing (AML/CTF) regulations is one of the most serious challenges faced by payment service providers and e-money issuers.
Regulatory ▼
Our lawyers are sector specialists in highly regulated areas including FSMA, consumer credit and data protection.
Fintech and cryptocurrency ▼
Our experts have an international in-depth knowledge of the market including best practice for processes and connections with industry bodies to help clients navigate potential risks within this exciting industry.
Authorisation applications for new entrants ▼
Our managing partner, Dr Thaer Sabri, advised on and successfully obtained the first UK e-money authorisation in 2002 and has since advised and obtained authorisations for most of the current UK e-money issuers.
Commercial and corporate ▼
Our lawyers are experts in complex, high-value commercial transactions. We support our clients, established in both the UK and abroad, across a wide range of sectors on contractual issues that are key to the ongoing running and success of their business.
Recent News
Financial Services:
The Edinburgh Reforms
On 9 December, the Chancellor of the Exchequer announced a set of reforms to drive growth and competitiveness in the financial services sector.
Building a smarter financial services framework for the UK
This statement sets out the government’s approach to repealing and replacing retained EU law (REUL) on financial services to deliver a comprehensive FSMA model of regulation tailored to the UK.
Consumer Duty:
FCA review of firms’ implementation plans
The Consumer Duty will set higher and clearer standards of consumer protection across financial services and require firms to act to deliver good outcomes for customers.