News & insights

HMT Publishes Consultation on Payment Systems Regulation

Written by Insight & Partnership Team | Sep 12, 2025 3:20:33 PM

 

➡️ 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.