FCA consultation paper on changes to the safeguarding regime for payments and e-money firms (CP24/20)
The Payments Association
OCTOBER 22, 2024
The current safeguarding requirements are contained in the Payment Services Regulations 2017 (“PSRs”) and the Electronic Money Regulations 2011 (“EMRs”). The government invited the FCA to consult on the safeguarding regime in 2023. Next steps This consultation is open until 17 December 2024. over a 10-year appraisal period.
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