PSR/FCA Consolidation: What Changes for Payment Firms and Scheme Participants
The PSR FCA consolidation transfers all PSR functions to the FCA. What changes for payment service providers, scheme participants, and payment system operators.
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What Do the FCA and PSR Regulate? A Guide to UK Payments Regulation
The FCA and PSR regulate UK payment services, payment systems and electronic money. Guide to authorisation, enforcement powers and the PSR consolidation.
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Agentic AI and Payments: Can an AI Agent Consent to a Payment?
Agentic AI payments raise an unresolved question in UK payments law: can an AI agent give valid consent under PSRs 2017 Reg 67? Analysis of the regulatory gap and what it means for fintechs and payment institutions.
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FCA Safeguarding: Six Weeks to the Supplementary Regime
FCA safeguarding reform is now weeks away from taking effect. The FCA published its Payments Regulatory Priorities report on 25 March 2026, confirming that keeping customers’ money safe remains its primary concern for the payments sector. The message to payment institutions and electronic money institutions is direct: the Safeguarding Supplementary Regime takes effect on 7…
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The Payments Forward Plan: A Three-Year Roadmap for UK Payments Regulation
On 26 February 2026, the Payments Vision Delivery Committee published the Payments Forward Plan, the first coordinated regulatory roadmap for UK payments since the National Payments Vision in November 2024. The Plan sets out what the Bank of England, the FCA, the PSR and HM Treasury intend to do across retail payments, wholesale payments and…
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EU | Payments Regulation | UK
PSD3 and the UK: Two Payments Regimes, One Direction of Travel
The EU agreed PSD3 and the Payment Services Regulation in November 2025, overhauling fraud liability, open banking and e-money rules. The UK is not bound by PSD3, but its own payments reform is heading in a similar direction. What firms operating across both regimes need to know.
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Goodbye from Watching the Connectives
To all my readers, thank you and goodbye. This blog is now an ex-blog.
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Myanmar mobile banking and payment: where to start?
A 2015 snapshot: why remittance services and banking the unbanked were the two mobile banking use cases most likely to take root first in Myanmar as the country moved away from a cash economy. Archived for reference; regulatory position has since moved on.
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Monetary Authority of Singapore publishes consultation on revising outsourcing guidelines
This article was published in September 2014 and reflects the regulatory position at that time. For current guidance on this topic, contact Bratby Law or see our latest insights. On Friday 5 September, the Monetary Authority of Singapore (which regulates financial institutions in Singapore) published a consultation on revising its existing guidelines on outsourcing. Responses…
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International bar association debates mobile payment
Mobile payment is a topic close to my heart, so I am delighted to be joining a distinguished panel at the International Bar Association‘s annual conference in Dubai this afternoon to discuss developments in mobile payment from a comparative perspective. The session is being run jointly by the communications, banking and technology committees of the IBA…
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UK mobile operators create m-commerce joint venture
This article was published in June 2011 and reflects the regulatory position at that time. For current guidance on this topic, contact Bratby Law or see our latest insights. Last week, three of the UK’s four mobile network operators announced a mobile marketing and payments joint venture. The venture is subject to regulatory approval, and…
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Visa adds mobile payment and banking capabilities, as Google and MNOs launch contactless payment services
This article was published in June 2011 and reflects the regulatory position at that time. For current guidance on this topic, contact Bratby Law or see our latest insights. This week Visa Inc added significant incremental mobile payment and banking capabilities – acquiring Fundamo, a mobile money transfer software company and announcing a five year…
