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Payments Regulatory Deadlines to Watch in June 2025

Jimmie Franklin

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June 1, 2025

Each month, we leverage data from our Horizon Scanning Regulatory Deadlines Calendar to bring you a glimpse of the key response deadlines and legislation effective dates coming up, so you can plan and take action around some of the most important regulatory developments unfolding right now.

In June, there are 47 regulatory deadlines on the horizon — with 19 key consultation periods coming to an end and requiring a response, and 28 actionable deadlines to be aware of coming into effect.

What are the regulatory deadlines to watch in June?

Peru

On May 8, 2025, the Peruvian Superintendency of Banking and Insurance (SBS) issued Resolution No. 01661-2025, which expands the range of operations and services that electronic money issuers and other financial institutions can carry out and offer via their customer service channels.

According to the news release announcing the regulation, it is designed to reduce operating costs and extend financial services to more communities across Chile. Its key provisions include establishing uniform basic operating requirements and eliminating the need for prior authorization to operate correspondent ATMs. The regulation takes effect on June 1, 2025.

Brazil

On May 8, 2025, the Central Bank of Brazil (BCB) issued a regulation standardising and setting limits on interoperability fees charged between entities that register receivables from payment arrangements. The regulation, BCB Resolution No. 472, stipulates that these fee limits will decrease annually between 2025 and 2029.

According to the news release announcing the regulation, it is designed to encourage efficiency in the registration of receivables from payment arrangements, as well as to reduce costs and stimulate competition in the credit market. The regulation will take effect on June 1, 2025.

Australia

On January 17, 2025, the Australian Securities and Investment Commission (ASIC) published a notice on key deadlines for buy now, pay later (BNPL) providers regarding their application for a credit licence. This was following the entry into force of the Treasury Laws Amendment (Responsible BNPL and Other Measures) Act 2024. 

ASIC has reinforced that entities must act early, and advised that entities apply for a licence by May 11, 2025. This is because it may take time to obtain additional information or documents, and the application needs to be completed and accepted by ASIC on or before June 10, 2025. Providers who don’t may be engaging in unlicensed conduct if they continue to operate.

Dubai

On May 19, 2025 the Virtual Asset Regulatory Authority (VARA) announced the publication of Version 2.0 of its activity-based rulebooks. 

Version 2 introduces enhanced safeguards for margin trading and token distribution, along with more precise definitions for collateral wallet arrangements and unified compliance standards across all licensed activities. These changes aim to strengthen market discipline, increase transparency around risk, and reinforce operational resilience within Dubai’s virtual asset ecosystem.

To align with international regulatory standards, all affected virtual asset service providers (VASPs) have been granted a 30-day transition window, with full compliance expected by June 19, 2025.

Spain

The Spanish Parliament has passed "Law 11/2023, of May 8, which transposes European Union directives on the accessibility of certain products and services, the migration of highly qualified persons, taxation and the digitalisation of notarial and registry acts".

The law transposes into Spanish law Directive (EU) 2019/882 on accessibility requirements for products and services (EU Accessibility Act). The Directive, which will enter into force on 28 June 2025, aims to eliminate and prevent barriers to the free movement of certain accessible products and services that result from divergent accessibility requirements. It would also increase the availability of accessible products and services in the internal market and improve the accessibility of relevant information.

The law will enter into force on the day following its publication in the Official State Gazette. Title I will enter into force on June 28, 2025, with the exception of Article 27.4, which will enter into force 20 days after publication in the Official State Gazette.

Malta

The government of Malta has published the Accessibility Measures (European Accessibility Act) Regulations to align its national framework with Directive (EU) 2019/882, effective from June 28, 2025.

The regulations set out accessibility requirements for products like consumer hardware, self-service terminals, and e-readers, as well as services including electronic communications, banking, transport, and e-commerce. They impose obligations on manufacturers, importers, distributors, and service providers to ensure compliance with accessibility standards.

The regulatory landscape leading up to June (Source: Âé¶¹´«Ã½ Horizon Scanning)
What we're watching for in the coming months...
  • We’ll be monitoring developments under the Trump administration in the US, where the key theme at the moment is deregulation. We anticipate learning more on the future of the Consumer Financial Protection Bureau (CFPB), seeing the passage of the GENIUS Act and the continued shift of crypto and stablecoins into the mainstream.
  • In Europe, we expect to hear more about payments sovereignty, which is a particular area of focus for the EU. The project to develop a digital euro is an important strand of the attempt to create a European alternative to the dominant US card networks, so we may hear more in the near future. In addition, the EU and the UK will continue to scrutinise those card networks’ fees.
  • Looking further ahead, firms should be preparing for key deadlines later in the year. The EU's Verification of Payee (VoP) scheme’s implementation deadline is October 9, 2025, so payment service providers (PSPs) operating in the eurozone must offer VoP services by that point. And an important deadline for ISO 20022 is November 22, 2025, when the transition phase during which financial institutions could gradually adopt the new standard without disrupting their existing operations comes to an end.

The Âé¶¹´«Ã½ PaymentsCompliance Horizon Scanning tool shows you real-time updates on regulatory deadlines and trends across 140+ global jurisdictions, including all US states, at the click of a button. Its Regulatory Deadlines Calendar feature sets out effective dates for published legislation, closing dates for consultation periods on proposed regulatory developments, and deadlines for specific requests for information by regulatory authorities.

We’ve only shown you a snapshot of June’s deadlines.

Want to see them all? Book a demo with a member of our team, who can show you the full Regulatory Deadlines Calendar for this month. 

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