Regulatory Alerts2019-03-13
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PS19/29: Making transfers simpler – feedback to CP19/12 and final rules
The Financial Conduct Authority issued PS19/29 to provide feedback on consultation paper CP19/12 and establish final rules regarding payment transfers. The document outlines changes designed to simplify the transfer process for consumers and firms within the UK financial sector. These final rules implement the regulator's strategy to enhance transparency and efficiency in payment transfer services.
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