The Payment Services Regulations (PSRs) 2017 was introduced in 2018 and set the Payment Services Directive 2 (PSD2) in motion. This regulation applies to payment services provided by an establishment in the UK.
PSD2 aims to protect consumers, make payments more secure, promote the development of online mobile payments, encourage lower payment prices and level the playing field for Payment Service Providers (PSPs).
Our Payment Services Regulations Course explains the FCA's regulations that apply to the payment services business in the UK.
Available as part of our FCA Compliance Library.
This course will prepare your employees to:
- What is a payment account?
- Background to the PSRs
- Transition to the PSRs 2017
- Payment Systems Regulator
- Exercise: PSR guidance
- Services out of scope of PSR
- Exercise: Scope of PSR
- Exercise: Authorisation of payment institutions
- Client scenario: Conduct of Business
- Client scenario: Conduct of business
- Client scenario - 2
- Client scenario - 3
- Client scenario - 4
- Client scenario - 5
- Client scenario: Complaints handling
Approximately 25-minute long e-learning course followed by a 10-question assessment.
Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.
SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.
All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.
Fully customisable on Skillcast Portal CMS.
Pre-translated versions not available, but all text content can be exported for translation into all languages.
Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.