A string of high profile insolvencies in the European Payments space has put safeguarding of customer monies firmly on the agenda. But, what is safeguarding? Who do the rules apply to? And, what can we expect to see from the regulators in the near future?
Simon Crown (Partner), Diego Ballon Ossio (Senior Associate) and Meera Ragha (Senior Associate) from Clifford Chance give us the lowdown.