Hm Treasury
July 19
11:55
2022
Details
The Financial Services (Banking Reform) Act 2013 created the Payment Systems Regulator Limited (PSR), with three statutory objectives: to promote competition, to promote innovation, and to ensure that payment systems are operated and developed in a way that considers and promotes the interests of all the businesses and consumers that use them.
This report summarises the PSRs activities over the year 2021 to 2022. The PSR is required to publish this report under Paragraph 7 of Schedule 4 of the Financial Services (Banking Reform) Act 2013.