If the situation does not improve, she says the only solution would be for organisers of large European outdoor fairs to offer dealers easy access to credit card machines and other digital payment methods. French banks are closing the euro accounts of some UK dealers and shippers due to tighter regulations surrounding fraud and money laundering. The move follows a series of warnings from European regulators that they will be forced to close down their operations in Britain if new rules come into force next month which require them to report suspicious transactions more
French banks are closing the euro accounts of some UK dealers and shippers due to tighter regulations surrounding fraud and money laundering. The move follows a series of warnings from European regulators that they will be forced to close down their operations in Britain if new rules come into force next month which require them to report suspicious transactions more