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HMT Publishes Consultation on Payment Systems Regulation

12 September 2025

HMT Publishes Consultation on Payment Systems Regulation

HM Treasury (HMT) published a consultation on streamlining the approach to payment systems regulation.

 

 

➡️ The consultation follows the announcement in March 2025 that the Payment Systems Regulator (PSR) will be consolidated into the Financial Conduct Authority (FCA).

➡️ The consultation outlines proposed roles and responsibilities of the regulators, key regulatory powers, and other features of the new framework.

🗓️ Firms can submit feedback on the consultation before the deadline of 20 October using the designated channels.



 

 



 
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