The fourteen modules
W1a Licensing, Authorisation & Market Access
Who is permitted to operate, and on what terms — PI/EMI and bank-PSP authorisation, passporting and outsourcing.
W1b Conduct, Safeguarding & Financial Promotions
How firms must treat customers and protect their funds — Consumer Duty, safeguarding and the promotions regime.
W2 Stablecoins & Digital Money
The emerging regimes for stablecoins, tokenised money and CBDCs.
W3 Operational Resilience & Critical Infrastructure
The rules requiring firms and their critical suppliers to keep payments running — DORA, FCA/PRA resilience and the critical-third-party regime.
W4 Scheme & Network Compliance
The card-scheme and network rulebooks — Visa, Mastercard, PCI-DSS, SCA/3DS.
W5 Payment Corridor Dynamics
The risk attached to specific cross-border routes — sanctions exposure, regulatory divergence and illicit-finance concentration.
W6 Industry Structure & Commercial Dynamics
M&A, market entry and competitive shifts across the sector.
W7 Legal & Litigation
Enforcement actions, structurally significant litigation and asset recovery.
W8 Merchant Acquiring & Risk
The risk carried by acquirers and merchants — category risk, chargebacks and acquirer stress.
W9 Product Innovation & Market Development
Open banking, PSD3, embedded finance and BNPL.
W10 Consumer Protection & APP Fraud
Reimbursement, de-banking rights and consumer redress.
W11 AML/CFT & Financial Crime
Anti-money-laundering, sanctions and the travel rule (sourced from sister monitor Sentinel.gi).
W12 Correspondent Banking, Settlement & Access
The plumbing beneath everything — USD/GBP clearing, CHIPS/FedWire/CHAPS, settlement finality and ISO 20022.
W13 Commercial Intelligence & Fintech
Discrete commercial events across the sector — M&A deals, investment rounds, market entry and exit.
The spine is closed at fourteen and versioned: see modules.json for the machine-readable inventory, or the methodology for how each domain is scoped.