Thaer Sabri is founder and CEO of the Electronic Money Association, the European trade body for the e-money industry, and managing director of payments consultancy Flawless Money. He is also senior partner of the payments specialist law firm FM Legal.
He has more than 20 years’ experience in the electronic money and innovative payments industry. He is a qualified solicitor in England & Wales and is also an engineering graduate, and postgraduate. He has represented the e-money industry in the negotiation of PSD1, EMD2, PSD2, 3MLD, 4MLD and 5MLD.
Thaer is additionally a member of the Board of the European Payments Council (EPC), a member of the EBA Banking Stakeholder Group, a member of the European Commission Payment Services Market Experts Group, a member of the UK Payments Strategy Forum, of the UK Open Banking Steering Committee, and participates in working groups of the Euro Retail Payments Board (ERPB).
Flawless Money advises on regulatory structuring of payments businesses, both in the EU and globally and assists in licensing as well as exemption form regulation. It has developed a range of innovative regulatory models that have enabled clients to offer services in a competitive manner, and it is continually engaging with regulators to enable business friendly legislative interpretation. Together with its sister law firm FM Legal, the two teams provide legal, regulatory, risk, IT security and finance advice to deliver an end-to-end advisory service.