HM Treasury has published a press release on its website, where it states that the Government has laid before Parliament regulations to implement the Payment Services Directive (PSD) into UK legislation. These regulations are due to enter into force on 2 March 2009, and the PSD regulatory regime will be in place on 1 November 2009. The Government committed to early implementation in order to help firms consider the incoming requirements and prepare for compliance.  

View New legislation on payment services to deliver benefits for consumers and businesses, 10 February 2009