06-29-2020, 01:39 PM
|
|
|
Registered User
Industry Role:
Join Date: Apr 2013
Posts: 97
|
FCA lifted the freeze:
Quote:
On 29 June 2020, the FCA provided written consent to allow Wirecard to resume issuing e-money and providing payment services. The restriction on activities will lift at 00.01 on 30 June 2020.
The primary objective of these requirements was to protect the electronic money funds of consumers in safeguarded accounts. It also had the effect of preventing consumers from withdrawing and making payments with those funds. The FCA’s consent means that Wirecard can now resume electronic money and payment services to its customers and customers can now, or very shortly, use their cards as usual.
|
https://www.fca.org.uk/news/news-sto...-authorisation |
|
|