Safeguarding changes: assessing the impact

CP24/20 outlined the proposed interim and end-state rules in September 2024 and interested parties will have provided their feedback accordingly.  Unsurprisingly, this proposal looks to align the loosely adopted Payments Services Regulations 2017 (PSRs) and E-Money Regulations 2011 (EMRs) regime with the CASS regime. These rules have been created to accommodate the services and products offered within the sector, but how will these changes fit into the payments ecosystem?

Join us at our upcoming webinar, where we’ll unpack these key themes and share insights on the future of the payments industry.

What to expect:

• Kieran Millar, Principal Product Manager at AutoRek, will talk through safeguarding reconciliation concepts, record-keeping practices, governance, and reporting requirements.
• Olga Robertson, CASS and safeguarding regulations SME, will discuss who’s affected, the audit implications, why the industry is seeing such seismic regulatory change and what firms can expect over the upcoming months.