Treasury has published the Payment Card Interchange Fee Regulations 2015. These appoint “competent authorities” (i.e. FCA and PSR) to monitor and enforce regulatory compliance for the purposes of the EU’s Regulation on interchange fees. They also give PSR the power to issue guidance relating to the European regulation. Treasury is expecting PSR guidance in December. The Regulations come into force on 9 December. (Source: Payment Card Interchange Fee Regulations Published)