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Payments regulatory news, September 2020 # 2

PSR annual report and accounts 2019 to 2020 - The Payment Systems Regulator (PSR) annual report and accounts 2019 to 2020 has been published...more

Payments regulatory news, August 2020 # 3

ISO 20022: BoE confirms go-live in April 2022 will be on like-for-like basis - The Bank of England (BoE) has confirmed that it plans to go-live with the new messaging standard for UK payments, ISO 20022, in April 2022 on...more

Payments regulatory news, August 2020 #2

APP scams: PSR call for improvements - The Payment Systems Regulator (PSR) has published a document in which Genevieve Marjoribanks, PSR Head of Policy, sets out how the PSR wants to see improvements relating to...more

Payments regulatory news, August 2020

Payments landscape review: HM Treasury call for evidence - HM Treasury has published a call for evidence as part of the payments landscape review. The call for evidence is the first stage in the review, which was announced...more

Payments regulatory news, July 2020 #4

EU Regulation on cross-border payments: European Commission adopts legislative proposal. Australia: Open banking launches with the initiation of the Consumer Data Right. Customers of Australia's four major banks can choose...more

Payments regulatory news, July 2020 #3

Safeguarding UK cash infrastructure: Joint Authorities Cash Strategy Group policy paper - HM Treasury has published a policy paper of the Joint Authorities Cash Strategy (JACS) Group on safeguarding the UK's cash...more

Payments regulatory news, July 2020 #2

CHAPS enhanced ISO 20022 messages: BoE industry review - The Bank of England (BoE) has published an industry review of the CHAPS enhanced ISO 20022 messages....more

Payments regulatory news, April 2020

Funding no-blame APP scams: PSR considers options - The Payment Systems Regulator (PSR) has published slides and speaker notes of Chris Hemsley, PSR Managing Director, for a call on authorised push payment (APP) scams,...more

FCA's new Business Plan prioritises areas of most potential harm amid COVID-19 challenges

In its 2020/21 Business Plan, the FCA states its aim to move towards a regulatory approach that's increasingly focused on end outcomes for consumers, markets and firms. The Business Plan reflects this approach, honing in on...more

Payments regulatory news, April 2020 #2

COVID-19: FCA update on strong customer authentication under PSRs 2017 - On 31 March 2020, the FCA updated its webpage on strong customer authentication (SCA) under the Payment Services Regulations 2017. ...more

Payments regulatory news, March 2020 #3

COVID-19: UK Finance increases spending limit for contactless card payments - On 24 March 2020, UK Finance has announced that, from 1 April 2020, it is increasing the spending limit for contactless card payments from £30...more

Payments regulatory news, March 2020

PSR issues new directions and response to consultation feedback - The Payment Systems Regulator (PSR) has issued new versions of its directions following its consultation in CP19/3. It has also published a document,...more

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