UK Payment Systems Regulator Issues “Final Guidance” Heralding Major Changes In Operation Of Payment Systems
Posted 04/1/16
A View from Constantine Cannon’s London Office
By Yulia Tosheva and Irene Fraile
The UK Payment Systems Regulator (“PSR”) has a on its approach to monitoring compliance with the EU Interchange Fee Regulation (“IFR”), which is changing the way payment systems operate in Europe.
The PSR, which was launched in April 2015, is an independent economic regulator that oversees...