Corporate report

Payment Systems Regulator annual report 2015 to 2016

The annual report and accounts for the Payment Systems Regulator.



The Financial Services (Banking Reform) Act 2013 allowed for the creation of a new Payment Systems Regulator (PSR), with three statutory objectives: to promote competition, to promote innovation, and to ensure that payment systems respond to the needs of consumers.

This report summarises the PSR’s activities over the year 2014/15. The PSR is required to publish this report under Paragraph 7 of Schedule 4 of the Financial Services (Banking Reform) Act 2013.