The End of the PSR: A Turning Point for UK Payments Regulation?
As the PSR’s functions are absorbed by the FCA, the UK has an opportunity—perhaps a final one—to reassess its approach to payments governance. Should regulation lean more into enabling innovation than constraining risk? And could elements of self-regulation, once a hallmark of British financial pragmatism, offer a better path forward?
As the PSR’s functions are absorbed by the FCA, the UK has an opportunity—perhaps a final one—to reassess its approach to payments governance. Should regulation lean more into enabling innovation than constraining risk? And could elements of self-regulation, once a hallmark of British financial pragmatism, offer a better path forward?
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