Mission statement: To ensure a level playing field for non-bank PSPs and EMIs in the UK.
The UK is well known for having one of the most business-friendly regulators in the FCA and PSR; which enable growth across Europe and worldwide. Communicating and lobbying the relevant payments regulatory bodies will allow the UK to facilitate growth across payments and PayTech and encourage organisations around the world to operate in the UK. Project Regulator focuses on shaping and forming regulation around payments and the payments industry in the UK, ensuring that the UK becomes a nurturing environment for developing and established payments companies and helping to develop a thriving payments ecosystem.
Project Regulator will:
1. Address the calls for consultation from the regulatory bodies and institutions such as Bacs, CHAPS, SWIFT and Faster Payments. Responses to these consultations will allow members of the EPA to speak with a common voice.
2. Allow the viewpoints of all payments companies across the value chain to be heard, the EPA can help regulators and influencers to develop legislation and regulation that encourages innovation and sustainability.
Richard Ransom Solutions Lead – Universal Aggregator, Bottomline Technologies Technologies
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