20210721 PSR Response To SD10 Bank Letter Cop Only Role Profile

PSR's open letter to Specific Direction 10 banks and UK Finance - July 2021

22/07/2021 Size: 114.525 KB


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We have published an open letter to the UK's six biggest banking groups (directed under the PSR's Specific Direction 10 and referred to as SD10 banks) and UK Finance.

In June 2021 the SD10 banks and UK Finance wrote to Chris Hemsley, Managing Director of the PSR outlining their plans and publicly committing to deliver the first part of Phase 2 of Confirmation of Payee.
On 21 July 2021, Chris Hemsley responded and here, you can read his response.

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