Regulatory AlertsPS19/29: Making transfers simpler – feedback to CP19/12 and final rules
The Financial Conduct Authority issued Policy Statement PS19/29 to provide feedback on Consultation Paper CP19/12 and establish final rules regarding payment transfers. The document outlines specific regulatory changes designed to simplify the process of making transfers for consumers and businesses. These final rules implement the FCA's strategy to enhance transparency and efficiency in the payment transfer market.
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