FCA/PSR/CMA: Commercial Variable Recurring Payments – UKPI scheme (Phase 1/Wave 1)
26 Jan 2026 (UPDATED: 13 Mar 2026)
United Kingdom
1 min read
FCA and PSR have advised that they will not at this time prioritise investigations under Chapter I of the Competition Act 1998 in relation to specific pricing arrangements concerning the UK Payment Initiative’s commercial variable recurring payments scheme.
For more information
- https://www.fca.org.uk/publication/corporate/fca-psr-prioritisation-commerical-variable-recurring-payments-ukpi.pdf
- https://www.fca.org.uk/publication/correspondence/fca-psr-letter-cma-open-banking-commercial-variable-recurring-payments.pdf
- https://assets.publishing.service.gov.uk/media/696f478bc1f2c97b3f70f866/CMA_letter_responding_to_FCA_Open_Banking__January_2026.pdf