On April 7, 2016, the UK Payment Systems Regulator announced that after consideration, it had decided that it would not be imposing any new access or governance requirements on card payment schemes. The PSR introduced governance requirements for interbank payment systems in 2015. The PSR has considered the information it has gathered as well as the improvements made in the area through EU legislation, in particular, the Payment Services Regulations 2009. The PSR will continue to assess whether any changes are necessary.

The PSR announcement is available at: https://www.psr.org.uk/psr-publications/news-announcements/statement-onindirect-access-and-governance-requirements.