Regulatory AlertsCP15/44: PSR regulatory fees 2016/17
The Payment Systems Regulator (PSR) is consulting on its proposed approach to allocate, calculate, and collect regulatory fees for the 2016/17 financial year. The PSR seeks to fund an Annual Funding Requirement of approximately £15 million by splitting costs between functions under the Financial Services (Banking Reform) Act 2013 and the EU Interchange Fee Regulation. The Financial Conduct Authority will implement the final fee rules following this consultation, with stakeholders invited to submit feedback by 11 February 2016.
Share