Legal directions and decisions

Decisions on applications for exemption from the requirement to introduce Confirmation of Payee (CoP) - July 2020

17/07/2020

We have approved 15 applications for exemptions under the terms of Specific Direction 10 (Confirmati…

Specific Direction 1: Access (sponsor banks) (2020)

05/03/2020

Specific Direction 1 requires sponsor banks to publish information on their sponsor bank services an…

General Direction 1: Cooperative relationships with the PSR (2020)

05/03/2020

General Direction 1 requires participants and regulated persons to have an open and cooperative rela…

General Direction 5: Conflict of interest (FSBRA) (2020)

05/03/2020

General Direction 5 requires the operators of Bacs, Faster Payments, Cheque and Credit , and LINK to…

General Direction 4: Service-user interests (interbank payment systems) (2020)

05/03/2020

General Direction 4 requires the operators of Bacs, Faster Payments, Cheque and Credit, and LINK to…

General Direction 3: Access (PSRs 2017) (2020)

05/03/2020

General Direction 3 requires payment systems regulated under Regulation 103 of the Payment Services…

General Direction 2: Access (FSBRA) (2020)

05/03/2020

General Direction 2 requires the operator of Bacs, Faster Payments, and Cheque and Credit to have ac…

Factsheet - Our revised 'day one' Directions

05/03/2020

This factsheet summarises the revisions we made to our 'day one' Directions in March 2020.

Draft Variation of Specific Direction 4

01/02/2019

Draft Variation of Specific Direction 4 on competitive procurement of central infrastructure