Payments UK, the trade association supporting the UK’s payments industry, has published a consultation paper on its recently published code of conduct for indirect access providers (the Code).
The Code was developed by Payments UK in conjunction with the UK payments industry and in discussion with the Payment Systems Regulator (PSR). The Code was created in response to the PSR’s suggestion that a code of conduct should be established to address key areas of concern around the operation of arrangements for indirect access between payment service providers and indirect access providers.
Specifically, the consultation paper seeks views on a variety of topics, including the aim and scope of the Code and four Code commitments, and has the following two objectives:
- to help publicise the Code to the wider industry and to provide all stakeholders with the opportunity to share their views on the scope and content of the interim Code; and
- to allow respondents to comment on other topics that were proposed for inclusion in a further version of the Code during initial consultation, and to provide suggestions for any additional topics that they believe would benefit from being considered for inclusion in any further version of the Code.
The deadline for comments on the consultation paper is 8 February 2016.
View Payments UK invites industry views on Code of Conduct for Indirect Access Providers, 13 November 2015