HM Treasury

UK Government Aims to Provide More Protections to BNPL Users
UK Government Aims to Provide More Protections to BNPL Users
October 17, 2024  |  Buy Now Pay Later

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...

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

The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” The proposed rules are meant to...

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Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement; Bitcoin Rebounds Above $20K
Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement;...
June 20, 2022  |  Cryptocurrency

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...

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Today In Payments Around The World: PayPal’s Xoom Lowers Cost Of Sending Funds To Africa; Volante Accelerates Convergence For Exchange
Today In Payments Around The World: PayPal’s Xoom Lowers Cost Of Sending Funds To Africa;...
December 10, 2020  |  International

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...

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

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). In a...

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Crowdfunding Helping Small UK B2B Firms Secure Needed Cash
Crowdfunding Helping Small UK B2B Firms Secure Needed Cash
September 09, 2014  |  In Depth

The Funding for Lending Scheme (FLS), which the Bank of England and HM Treasury (the UK’s economic and finance ministry) launched in July 2012 to...

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