With a dozen applications in process, the Estonian FSA granted Lightspark Payment Europe a CASP license and e-money institution authorization.
E-money
From May 2026, CASS 15 imposes immediate, stricter safeguarding requirements on payment firms to protect client funds, with trust rules deferred until 2027.
These changes are intended to improve safeguarding practices among payment firms, leading to better protection for consumers.
How to demonstrate a positive influence on customer outcomes.
Our at-a-glance guide to recent FCA activity.
Payments and e-money firms impacted by codification of guidance and new requirements including the imposition of a statutory trust.
Three senior staff explain key areas of work, feedback sought, and moves on capital markets and insurance.
European Commission proposals for revised payment services, an e-money regime, a new data sharing regime and digital euro examined.