On 17 August 2026, the Payment Systems Regulator (PSR) issued its Annual Report and Accounts for 2025/26.
Among other things, the Annual Report notes that the government has recognised the importance of payment systems regulation within its proposed new regulatory framework and that the Financial Services and Markets Bill contains provisions to
In the latest edition of our global podcast series, Future of Payments, James Morris and Simon Lovegrove continue their discussion on Australia’s payment services reforms focussing on the proposed safeguarding regime.
Listen to this episode here.
On 7 May 2026, the Financial Conduct Authority (FCA) published its approach document (version 8) on payment services and electronic money. The approach document describes the FCA’s approach to implementing the Payment Services Regulations 2017 and the Electronic Money Regulations 2011and amends version 7, from March 2026.
This version sets out updates
In In the latest edition of our global podcast series, Future of Payments, James Morris, Shen Low and Simon Lovegrove take us through some very significant reforms to Australia’s payment services regulatory framework following the publication of four new Bills, including the Treasury Laws Amendment Bill 2026: Payments System Modernisation, and what firms can do
In our latest briefing note, we consider the final rules and guidance amending the safeguarding regime for payments and e-money firms, as set out by the Financial Conduct Authority in Policy Statement 25/21. These rules come into force on 7 May 2026.
In our latest briefing note, we summarise the key changes introduced by the Payment Services Directive 3 and Payment Services Regulation, consider key divergences from PSD2, and outline what firms should be thinking about as they prepare for the new EU legislation.
On 12 February 2026, the European Banking Authority (EBA) issued an opinion advising Member State competent authorities (NCAs) under the Payment Services Directive 2 (PSD2) on how to proceed once the transition period that is set in the EBA’s No-Action letter of 10 June 2025 comes to an end