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Allen & Overy and Standard Chartered launch second edition of Guide to Payment Regulations

Allen & Overy and international banking group Standard Chartered have launched the second edition of Guide to Payment Regulations for corporates and fintech customers navigating the evolving payments landscape across Asia, Africa and the Middle East.

The latest version of the guide outlines the regulatory frameworks and related licensing schemes for payments and e-money services across Indonesia, Vietnam, the Philippines, Bangladesh, the United Arab Emirates, Saudi Arabia, South Africa, and Nigeria.

Lead partner, Shuhui Kwok, comments: “Thanks to the collective efforts of Standard Chartered, our A&O colleagues and local law firms where we have trusted relationships, we have worked to expand the jurisdictional scope of the payments guide, building on the great feedback that we have received in the past year. We hope the guides continue to provide comprehensive and practical guidance to assist Standard Chartered customers to better navigate the opportunities and challenges of its expanding payment services offerings across the region.”