UK Statutory Instrument
2015
United Kingdom
The Payment Card Interchange Fee Regulations 2015
At a glance
Enforced by
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Browse 27 other sections — procedural / definitional / commencement
Interpretation
Functions
Directions
Directions: payment card schemes
Directions: co-operation between regulators
Power of FCA to require Regulator to refrain from specified action
Publication of compliance failures etc
Penalties
Warning notices
Injunctions
Appeals: general
Appeals against directions and publication of compliance failures
Appeals in relation to penalties
Payees' complaints and dispute resolution
Guidance
Information and investigation
Application of other provisions of the 2013 Act
Designation as a competent authority
Amendment of the Payment Services Regulations 2009
Amendment of the Enterprise Act 2002
Amendment of the 2013 Act
Co-operation between the Payment Systems Regulator and enforcers
Co-operation with competent authorities in other Member States
Exemption from maximum interchange fees for certain three party payment card schemes
Weighted average interchange fees for UK debit card transactions
Review
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
Payment Systems Regulator
Economic regulator for payment systems in the UK. Promotes competition, innovation, and service-user interests in payment systems. Regulates participants in designated payment …
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Regulators
Learn more about the bodies that enforce this legislation.