PRESS RELEASE
4 September 2025

Ahead Of The Curve: New UK Safeguarding Rules For Payments And E-money Firms

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
The UK Financial Conduct Authority has published its finalised Supplementary Safeguarding Rules (aka interim safeguarding regime) for payments and e-money firms...
United Kingdom

The UK Financial Conduct Authority has published its finalised Supplementary Safeguarding Rules (aka interim safeguarding regime) for payments and e-money firms, which will come into force on May 7, 2026.

In this webinar, our financial services regulatory experts address key aspects of the new rules; how they have changed since the draft rules published in September; the practical impact for firms (including as a result of divergence from the EU PSD2/PSD3 regimes); and the feedback received to the consultation on the “post-repeal regime” (aka the end-state safeguarding regime).

Watch the webinar on New UK safeguarding rules for payments and e-money firms

View slides on New UK safeguarding rules for payments and e-money firms

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.

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