Edited by John Casanova, Partner (Retired) Sidley Austin LLP, London and Max Savoie, Partner, Ashurst LLP, London, UK

• Contents Table of cases xix Table of legislation xxii 1 Introduction to Payment Services: Law and Practice, second edition 1 John Casanova and Max Savoie 2 Fintech and payments 5 Anne Bodley and Susan Brice 3 The regulatory framework for payment services in the EU and UK 48 John Casanova, Max Savoie and Tanaan Quek 4 Regulation of payment systems 118 Martin Dowdall, Paida Manhambara and Max Savoie 5 Financial crime and enforcement against payments firms and payments systems 148 Sara George, Rachpal Thind, Tom Hunter, Noel Li and Jess Ward-Zinski 6 Payments and EU/UK data protection law 219 Francesca Blythe and Eleanor Dodding 7 Payments and blockchain/crypto-assets 249 Max Savoie and Martin Dowdall 8 EU competition law and payments 285 Vincent Brophy and Rosanna Connolly 9 US payment services 322 Gretchen E. Lamberg and C.K. Kevin Park 10 Hong Kong payment services 344 Yuet Ming Tham and Lester Fung 11 Singapore payment services 362 Josephine Law 12 Payment services in Africa 381 Qalid Mohamed and Paida Manhambara Index 404

Edited by John Casanova, Partner (Retired) Sidley Austin LLP, London and Max Savoie, Partner, Ashurst LLP, London, UK

• Contents Table of cases xix Table of legislation xxii 1 Introduction to Payment Services: Law and Practice, second edition 1 John Casanova and Max Savoie 2 Fintech and payments 5 Anne Bodley and Susan Brice 3 The regulatory framework for payment services in the EU and UK 48 John Casanova, Max Savoie and Tanaan Quek 4 Regulation of payment systems 118 Martin Dowdall, Paida Manhambara and Max Savoie 5 Financial crime and enforcement against payments firms and payments systems 148 Sara George, Rachpal Thind, Tom Hunter, Noel Li and Jess Ward-Zinski 6 Payments and EU/UK data protection law 219 Francesca Blythe and Eleanor Dodding 7 Payments and blockchain/crypto-assets 249 Max Savoie and Martin Dowdall 8 EU competition law and payments 285 Vincent Brophy and Rosanna Connolly 9 US payment services 322 Gretchen E. Lamberg and C.K. Kevin Park 10 Hong Kong payment services 344 Yuet Ming Tham and Lester Fung 11 Singapore payment services 362 Josephine Law 12 Payment services in Africa 381 Qalid Mohamed and Paida Manhambara Index 404