The Payment Systems Regulator (PSR) has published a consultation on proposed revisions to its Specific Directions 14, 15 and 16, relating to the supply of card-acquiring services.
The proposed changes include:
Reflecting changes to the legal entities that supply services to UK customers which have been alerted to the PSR; and
Introducing a more efficient mechanism to capture any future changes to the legal entities servicing UK customers listed in the directions.
Stakeholders are invited to respond to the consultation until 9 February 2024.
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