Regulations 101 - Training Course

The course will run across two days:

Tuesday 12th, 10:00 - 15:30 BST

Wednesday 13th July, 10:00 - 15:30 BST

IMPORTANT: Patrons and Members of The Payments Association receive a number of free tickets or discounts to this training course. Please email Orlanna Morris at orlanna.morris@thepaymentsassociation.org to confirm if you have any free places remaining and receive your discount code.

This Regulations 101 training course will cover payments regulations and frameworks (e.g. SEPA, PSD2, IFR, Open Banking, AML and other financial crime related regulations) as well as privacy and security regulations and standards (e.g. GDPR, incl. SCHREMS II, PCI DSS and others), and their potential overlaps.

It will also give an appreciation of the various types of licenses and permissions (and the relevant regulatory bodies) that need to be obtained by the various players in the ecosystems. Where possible, it will also give an overview of relevant regulations outside of Europe.

Payments 101 (or similar experience) is a prerequisite, as payments fundamentals and terminology knowledge is assumed. We highly recommend attending our Payments 101 course beforehand if you don't have enough relevant experience in the field of Regulation.

The course combines presenter-led sessions and thought-provoking videos. Drawing on real life examples, it weaves together the underpinning principles of legislation and other rules, with practical considerations.

Course content for Part 1:

PAYMENTS ECOSYSTEMS RECAP (Cards and non-cards)

• Ecosystem Recap & Strategic Considerations
• Regulatory landscape overview – where regulations fit in

PAYMENTS REGULATIONS

• SEPA: what is it, where does it all fit in?
• PSD2, including IFR
• Open Banking
• Anti-Money Laundering
• Authorised Push Payment (APP) Fraud Prevention
• CBDC, Stablecoins, Crypto & Other Considerations

Course content for Part 2:

PAYMENTS LICENSES

• AISPs, PISPs, Open Banking registration (UK)
• Payment Institution Licenses (API, SPI)
• e-Money Licenses (EMI, SEMI)
• Practical Examples (e.g. access to RTGS, e.g. money remitters, crypto, FCA register, etc.)
• Card Scheme Memberships

SECURITY & PRIVACY REGULATIONS

• GDPR (incl. ­EU-US Privacy Shield – Schrems II)
• Online Harms Bill
• ­PCI DSS
• 3D Secure
• Practical & strategic considerations (e.g. overlaps with other regulations, permissions, etc.)

Who should attend?

• This course is suitable for those who have already attended Payments 101 (or gained similar experience), as payments fundamentals/terminology knowledge is assumed.

• FinTech organisations or technology companies needing to get a grasp on all aspects of payments regulations they are trying to incorporate into their business models

What will you gain?

• An in-depth snapshot to the applicable regulations in the payments industry
• Better understanding of how it all fits together and the ability to ask the right questions
• Take-away reference material you will be able to use for a long time

Speaker

Neira Jones, Independent Advisor, Phoenix Edge

Testimonials:

• An entertaining and engaging course.
• Really informative, real life examples and news feeds which give you an overview of how companies are dealing with certain regulations.
• It was a very good course with a very good speaker with a lot of knowledge about the subject. I would definitely recommend this.
• Very informative and managed to neatly pull together the strands of the regulatory environment in a digestible way. I would recommend the course to compliance professionals or senior managers who need to understand the breadth of regulation that impacts the payments industry and their firm.

This course is CPD accredited. In order to receive full accreditation for the course, you must attend the full course. Please contact Orlanna Morris at orlanna.morris@thepaymentsassociation.org to receive your certificate.