Regulator profile

PSR

Payment Systems Regulator

Enforcement Regulator UK-wide

What PSR does

Economic regulator for payment systems in the UK. Promotes competition, innovation, and service-user interests in payment systems. Regulates participants in designated payment systems (BACS, CHAPS, Faster Payments, LINK, card schemes). Can direct payment system operators and participants.

Subsidiary of FCA but operationally independent. Key focus on APP (Authorised Push Payment) fraud reimbursement requirements.

AccessCompetitionPayment Systems

Contact PSR

Official guidance from PSR

Curated guidance documents to help you understand your obligations.

View all 49 guidance documents (opens in a new tab)

Legislation that PSR directly enforces.

Primary legislation

Secondary legislation

Legislation connected to PSR’s remit but not directly enforced — establishing Acts, amendments, referenced legislation, and context.

Administered / monitored

Amendments / commencements

Referenced in enforcement

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