Section 106A(2)

In making technical standards under this regulation, the FCA must have regard to the need to— ensure an appropriate level of security for payment service users and payment service providers through the adoption of effective and risk-based requirements; ensure the safety of payment service users' funds and personal data; secure and maintain fair competition among all payment service providers; ensure technology and business-model neutrality; allow for the development of user-friendly, accessible and innovative means of payment.

← 1 · All articles · 3 →

Source: legislation.gov.uk · retrieved 2026-09-04