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862 Payments regulator to be scrapped under new government plans 

UK Tech News
Oscar Hornstein @ UK Tech News · 03/12/2025 06:37 EDT

Payments regulator to be scrapped under new government plans 

The UK payments regulator could be scrapped as the government doubles down on its commitment to slash red tape.  City Minister Emma Reynolds said the government plans to bring the remit of the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA).  Writing to Dame Meg Hillier, chair of the Treasury Committee, Reynolds said ...

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