The Payment Services Directive, a European Commission Directive, was implemented in the UK from 1st November 2009.  The Government has appointed the FSA as the competent authority for most aspects of the Payment Services Directive (PSD).  It will affect firms providing payment services and their customers, including banks, building societies, e-money issues, money transfer operators and non-bank credit card issuers.  

The FSA has published various information and firms wishing assistance with post implementation reviews should contact us.