Compliance Financial Directives PSD - Payment Services Directive
Latest News
| Major changes |
The restructuring of the regulatory regime has been public news since before the election and it is now clear that the two major regulators, Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA) will operate a very different regulatory regime from their predecessor, the FSA. |
| Read more... |
| Culture |
What is FSA doing about culture and what should firms do to prepare themselves? |
| Read more... |
Geographical Location
Contact Details
IFAct Services Limited,
Connect House,
Kingston Road,
Leatherhead,
Surrey,
KT22 7LT.
Tel: +44 (0)8456 121 211
Fax: +44 (0)1372 365036
E-mail: admin@ifact.co.uk
Newsletter
PSD - Payment Services Directive
The Payment Services Regulations (PSRs) came into effect on 1 November 2009 and many firms were to become regulated by the Financial Services Authority (FSA) for the first time. There are two other Authorities with responsibilities under the PSRs: the Office of Fair Trading (OFT) will deal with competition issues and the Financial Ombudsman Service (FOS) will deal with dispute resolution.
We are pleased to offer our services to all PSD firms as we have worked with both firms and the FSA from the very first opportunity and we have gained considerable experience in the authorisation process and the ongoing compliance requirements of firms that need to be authorised.