Hm Treasury news and trends

UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’
Bank Regulation // July 20, 2023

The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement;...
Cryptocurrency // June 20, 2022

The U.K. Treasury has gone back on a new rule regarding practices related to data collection for unhosted wallets, according to a report published Monday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Today In Payments Around The World: PayPal’s Xoom Lowers Cost Of Sending Funds To Africa;...
International // December 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., Canada, Europe and U.K. the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. is accelerating market convergence for the...

UK Asks For Input On VAT Challenges Created By The Sharing Economy
International // December 09, 2020

The United Kingdom’s economic and finance ministry, HM Treasury, seeks input on the challenges that the sharing economy creates for value-added tax (VAT). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Quick Reads
UK Government Aims to Provide More Protections to BNPL Users

October 17, 2024
The U.K. government said Thursday (Oct. 17) that it aims to provide buy now, pay later (BNPL) users with many of the protections provided by other consumer credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’

July 20, 2023
The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” Get the Full Story Complete the form to unlock this article...

Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement;...

June 20, 2022
The U.K. Treasury has gone back on a new rule regarding practices related to data collection for unhosted wallets, according to a report published Monday (June 20). Get the Full...

UK Asks For Input On VAT Challenges Created By The Sharing Economy

December 09, 2020
The United Kingdom’s economic and finance ministry, HM Treasury, seeks input on the challenges that the sharing economy creates for value-added tax (VAT). Get the Full Story Complete the form...