The EU is finalising a significant overhaul of its framework for payments regulation. On 22 April 2026, the proposed text of the Third Payment Services Directive (PSD3) and a new directly applicable ...
Treasury has released Tranche 1 draft legislation to reform the regulation of payment service providers (PSPs) - the Draft Treasury Laws Amendment Bill 2026: Payments System Modernisation (Tranche 1 ...
HM Treasury’s latest September consultation, A Streamlined Approach to Payment Systems Regulation, confirmed plans to get rid of the Payment Systems Regulator (PSR) and transfer its overall functions ...