Regulatory AlertsCP16/11: PSR regulatory fees 2016/17
The Payment Systems Regulator issues policy decisions and consultation proposals regarding the allocation, calculation, and collection of its £15.2 million Annual Funding Requirement for 2016/17. The regulator confirms an equal fee split for FSBRA participants while proposing a three-tier allocation structure for IFR card payment systems based on transaction volume. Additionally, the PSR seeks stakeholder feedback on fee levels, liability for dual-role operators, delayed payment deadlines, and the handling of the anticipated 2015/16 budget underspend.
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