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FCA makes new rules

FCA made several changes to its rulebook at its Board Meeting on 30 March. Key changes include:

  • changes to fees relating to the FOS and periodic fees for exchanges and benchmark administrators;
  • 83 more words

PSR publishes terms of reference for its role in preventing and responding to push-payment scams

Today, the payment systems regulator published its final terms of reference

PSR will consider whether it would be effective and proportionate for operators of push payment systems to play a greater role in preventing and responding to APP scams (and possibly wider fraud). 195 more words

Financial Crime

FCA to tackle contactless card fraud

John Griffith-Jones, Chairman of FCA and Payment Systems Regulator, has written to Rt Hon. Andrew Tyrie MP, Chairman of the Treasury Committee, about contactless card fraud. 71 more words


Payment systems regulator unveils 2017/18 plan and budget

In the plan the PSR sets out its aims and a summary of its anticipated activities and expected costs for the next twelve months.

The PSR said its budget costs would consist of: 131 more words

Payment Services

PSR looks forward to increased payment systems access

PSR’s annual report on access and governance of payment systems looks forward to new providers getting direct access to the interbank payment systems in the next year.   100 more words

Payment Services

PSR to look at push payment risks

The PSR has published draft Terms of Reference for a project looking at the potential for payment system operators (PSOs) to play a role in minimising consumer harm caused by authorised push payment (APP) scams in the UK. 232 more words

Financial Crime