payments regulation

Payment Systems Regulator to be merged into FCA

12th March 2025 Consumer Lending | #payments regulation

The Government has announced that the Payment Systems Regulator (PSR) will be abolished and its remit absorbed by the Financial Conduct Authority (FCA). The move comes amid concern that the financial regulatory system is overly complex. The PSR, which looks after payment systems like Faster Payments and Mastercard, will mainly be consolidated into the Financial…

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payments regulation

Payment Systems Regulator to be merged into FCA

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