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Regulatory Requirements United Kingdom Payment Systems Regulator (PSR)

A&O Shearman

UK PSR Revokes Specific Directions 2, 2a, 4, and 4a

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The UK Payment Systems Regulator (PSR) has published its decisions to revoke: From 27 August, Specific Direction 2, which requires all central infrastructure for Bacs to be competitively procured (and Specific Direction 2a...more

A&O Shearman

PSR publishes regulatory fees figures for 2025/26

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The UK Payment Systems Regulator (PSR), in conjunction with the UK Financial Conduct Authority (FCA), has published its regulatory fees figures for 2025/26. The annual funding requirement is set at GBP27 million, with fees...more

A&O Shearman

UK PSR delays APP scams claims management consultation

A&O Shearman on

The Payment Systems Regulator (PSR) has published an update regarding next steps for its claims management consultation and its intention to adopt reporting standard B by December 2026. The claims management consultation was...more

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