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News

Platform security for phone-paid services

The Phone-paid Services Authority (PSA) is consulting on new General Guidance for Consent to Charge mechanics within the phone-paid services industry. This guidance is intended to ensure that standards of payment/consent platform security remain high throughout the phone-paid services market. It will help networks and phone-paid service providers by clarifying the PSA’s expectations in this [...]

August 14th, 2019|Comments Off on Platform security for phone-paid services

ASA Rulings published

The Advertising Standards Authority (ASA) rulings are published every Wednesday and set out on the public record how, following investigation, the advertising rules apply and where the ASA draw the line in judging whether an ad has broken the rules. This week’s rulings have been published, and the following advertisers have been formally investigated. Rulings [...]

August 14th, 2019|Comments Off on ASA Rulings published

CMA pharma probe secures £8m for the NHS

Drug firm Aspen has offered to pay the NHS £8m, as part of a wider package, to resolve competition concerns over the supply of a vital medicine This follows an investigation by the Competition and Markets Authority (CMA) into suspected anti-competitive arrangements regarding the supply of fludrocortisone acetate 0.1 mg tablets. It is the first [...]

August 14th, 2019|Comments Off on CMA pharma probe secures £8m for the NHS

Trends Report Underage Drinking

Portman Group welcomes IARD report highlighting declining underage drinking. Commenting on a new report from the International Alliance for Responsible Drinking which shows that underage drinking has declined in over two-thirds of the 63 countries where national data is available, most notably the UK, Chief Executive of the Portman Group, John Timothy said: “This is [...]

August 13th, 2019|Comments Off on Trends Report Underage Drinking

Phased implementation of Strong Customer Authentication

The Financial Conduct Authority (FCA) has agreed a plan that gives the payments and e-commerce industry extra time to implement Strong Customer Authentication (SCA). From 14 September 2019, new European Union (EU) rules will start to apply that impact the way in which banks or payment services providers verify their customers identity and validate specific [...]

August 13th, 2019|Comments Off on Phased implementation of Strong Customer Authentication

Second meeting of the PRA and FCA’s joint Climate Financial Risk Forum

The Climate Financial Risk Forum (CFRF) co-chaired by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), met for the second time in July 2019. Since its inception in March 2019, the CFRF has set up four technical working groups on disclosure, scenario analysis, risk management and innovation. Each working group is chaired by [...]

August 12th, 2019|Comments Off on Second meeting of the PRA and FCA’s joint Climate Financial Risk Forum