The UK payments landscape is undergoing a period of great transformation. This is being driven by the global adoption of the ISO 20022 standard, as well as the proposed New Payments Architecture “NPA”.

The UK Finance Head of Regulatory Reporting Network is a FREE quarterly meeting of peers from UK Finance member firms who come together to share experiences, key challenges and best practise in a confidential setting. These discussion based sessions are a chance for Heads of Regulatory Reporting across member firms to come together and problem solve in a group supported by subject matter experts and UK Finance policy leads.

The proposed amendment is rumoured to broaden the Registrar of Companies’ powers to become a more active gatekeeper over the creation/updating/removal and custodian of more reliable data, including new powers to check, remove or decline information submitted to, or already on the registry.