The Payment Systems Regulator (PSR) has published a consultation on proposed revisions to its Specific Directions 14, 15 and 16, relating to the supply of card-acquiring services.

The proposed changes include:

  • Reflecting changes to the legal entities that supply services to UK customers which have been alerted to the PSR; and
  • Introducing a more efficient mechanism to capture any future changes to the legal entities servicing UK customers listed in the directions.

Stakeholders are invited to respond to the consultation until 9 February 2024.

https://www.psr.org.uk/publications/consultations/card-acquiring-market-remedies-consultation-on-proposed-revisions-to-specific-directions-14-15-and-16/

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