September 24, 2018 BY Valentina Kirilova

ASIC encourages submissions to CFR’s Issues Paper on Retail Payments Regulation

The Council of Financial Regulators (CFR) has today released an Issues Paper: Review of Retail Payments Regulation: Stored-Value Facilities. The Issues Paper is part of a review into the regulatory regime for ‘stored value facilities’, which are payment products that allow users to pre-load money for future purchases (such as a travel money card). While…

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