PSR Restricted Mark Falcon Head of Regulatory Policy and Strategy PayExpo2015, 9-10 June 2015 1
PSR Restricted The new economic regulator for payment systems...
PSR Restricted …Primary role is to promote competition…
PSR Restricted …But not a conduct regulator…
PSR Restricted …Nor a stability/ prudential regulator…
PSR Restricted …Payment systems driven by network effects…
PSR Restricted …The PSR has three primary objectives… Competition Innovation Users
PSR Restricted …Promote competition thru’ the payments value chain… Infrastructure provider System operator Service provider User
PSR Restricted …key role to promote collaborative innovation...
PSR Restricted …to end: our current policy programme spans payments. Infrastructure Infrastructure market review provider System Operator access and governance directions operator Cards Indirect access review programme Service provider Payments Strategy Forum User
PSR Restricted Thank you. Questions? 11
Recommend
More recommend
