Michael’s recent experience includes advising:

  • A UK bank on its membership of BACS and amendments to the BACS scheme including the risks for the bank associated with these amendments.
  • The operators of the LIPS scheme on the payments regulatory framework in the UK and how it applies to that scheme.
  • A European client on the UK payments schemes and the UK payments regulatory environment and their application to the business of Vocalink.
  • A UK bank on its membership of the Faster Payments Scheme including the risks for the bank associated with membership of that scheme.
  • On mobile payments issues including mobile payment apps and agreements to provide mobile payment services.
  • A payment institution on regulatory issues associated with its membership of Visa in the context of the acquisition of Visa Europe Limited by Visa Inc.
  • A UK banking group on the requirements of 20 UK, Irish and pan-European payment schemes in the context of the bank's reorganisation in preparation for UK ring-fencing within its group.

Additional payments related experience of Michael can be provided if required.