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We have reviewed the regulatory fees regime for the Payment Systems Regulator (PSR).
We launched a review of our approach to fees collection and allocation in the summer of 2017, following previous feedback from stakeholders and upcoming industry developments.
This document (CP18/18) forms part of that review, and follows the last two consultations in August 2017 (CP17/30) and December 2017 (CP17/44).
This document set out our decisions on the questions we asked in CP17/44:
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our fees allocation method, including our proposed methodology of allocating PSR fees based on fee payers’ transaction volumes and values, the scope of relevant transactions and the definitions used
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further details of our fees collection method, including the provision of transaction data by operators, the verification of that data, the provision of contact details and the relevant dates
These decisions will take effect from 2018/19.
The document also poses further
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