E-Finance & Payments Law & Policy
E-Finance & Payments Law & Policy provides all those involved in this fast evolving sector with practical information on legal, regulatory and policy developments.
E-finance & Payments Law & Policy covers:
The provision of on-line financial services and payments to both the wholesale and retail markets.
The market in online financial services and payments is large and growing as the market matures and new technological developments allow an increasing range of services and products such as pre-paid cards, e-billing, micro payments and m-payments using mobile phones or other devices. This trend is only likely to increase.
According to McKinsey & Company, the EU currently handles 231 billion payments per year representing over Euro 52 trillion. While total spending on plastic cards in the UK outstripped cash spending for the first time ever in 2004.
Market developments are being matched by significant regulatory developments, particularly in the EU. SEPA, (the Single European Payments Area), The proposed EU Directive on Payment Services (establishing a harmonised legal framework for payments in the EU), the UK's recently adopted Consumer Credit Act 2006, the incoming EU Consumer Credit Directive,to name a few.
E-Finance & Payments Law & Policy is relevant to a wide cross-section of the industry and its advisors, including ATM operators, banks (wholesale and retail), card and payment processors, credit and debit card issuers, e-money institutions, financial service providers, foreign exchange service providers, those involved in IT and security, money transmitters, outsourcing providers, treasury functions and payment system providers.
The Editors of E-Finance & Payments Law & Policy are:
John Casanova, Partner, Sidley Austin, and William Long, Senior Associate, Sidley Austin.
Lindsey Greig from Cecile Park Publishing is Managing Editor.
The Editorial Board includes:
Mike Robertson - Head of Business Development at RBS
Maria Patricia Azevedo - Associate General Counsel, Western Union
David Birch - Director, Consult Hyperion
John Chaplain - European Payments Adviser, First Data International
David Butterworth - CEO, Debit Direct
E-Finance and Payments Law & Policy focuses on developments in the UK and the EU but includes reference to developments elsewhere, particularly the US, covering the range of topics relevant to those in the financial services and payments industry including banking, consumer credit, consumer protection, contracting on-line, data protection, distance selling, e-money, financial promotion, IP rights, market developments, money laundering, money transmission, outsourcing, payment systems and security.