Jacob Ghanty is a partner in K&L Gates LLP's financial services practice. On a regular basis, Jacob shares his views with Practical Law Financial Services subscribers on topical payment services and electronic money issues.

In his November 2016 column, Jacob considers some UK domestic initiatives occurring in the payments, e-money and wider financial services sectors.

While there remains uncertainty as to the long-term status of EU law in English law, this column considers some of the UK developments where there is comparative clarity.