The Payment and Electronic Money Institution Insolvency Regulations 2021 were made yesterday and come into force on 8 July: see here or here (pdf). The accompanying explanatory memorandum is available here (pdf). The Regulations create a new special administration regime for payment and electronic money institutions. Friday, 18 June 2021
UK: The Payment and Electronic Money Institution Insolvency Regulations 2021
The Payment and Electronic Money Institution Insolvency Regulations 2021 were made yesterday and come into force on 8 July: see here or here (pdf). The accompanying explanatory memorandum is available here (pdf). The Regulations create a new special administration regime for payment and electronic money institutions. 
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