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Payment Card Interchange Fee Regulations 2015 [SI 2015 No. 1911]Introductory TextPart 1 Introductory provisions (regs. 1-2)Regulation 1 Citation and commencementRegulation 2 InterpretationPart 2 The Payment Systems Regulator (regs. 3-15)Regulation 3 FunctionsRegulation 4 DirectionsRegulation 4A Directions: payment card schemesRegulation 4B Directions: co-operation between regulatorsRegulation 4C Power of FCA to require Regulator to refrain from specified actionRegulation 5 Publication of compliance failures etcRegulation 6 PenaltiesRegulation 7 Warning noticesRegulation 8 InjunctionsRegulation 9 Appeals: generalRegulation 10 Appeals against directions and publication of compliance failuresRegulation 11 Appeals in relation to penaltiesRegulation 12 Payees' complaints and dispute resolutionRegulation 13 GuidanceRegulation 14 Information and investigationRegulation 15 Application of other provisions of the 2013 ActPart 3 The Financial Conduct Authority (regs. 16-17)Regulation 16 Designation as a competent authorityRegulation 17 Amendment of the Payment Services Regulations 2009Part 4 General enforcers under Part 8 of the Enterprise Act 2002 (reg. 18)Regulation 18 Amendment of the Enterprise Act 2002Part 5 Co-operation between regulators (regs. 19-21)Regulation 19 Amendment of the 2013 ActRegulation 20 Co-operation between the Payment Systems Regulator and general enforcersRegulation 21 Co-operation with competent authorities in other Member StatesPart 6 Transitional relief from requirements of the interchange fee regulation (regs. 22-23)Regulation 22 Exemption from maximum interchange fees for certain three party payment card schemesRegulation 23 Weighted average interchange fees for UK debit card transactionsPart 7 Review (reg. 24)Regulation 24 ReviewSignatureExplanatory NoteExplanatory MemorandumImpact Assessment
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 9 December 2015 - onwards
Version 2 of 2

Regulation 1 Citation and commencement

These Regulations may be cited as the Payment Card Interchange Fee Regulations 2015 and come into force on 9th December 2015.

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