Payment Services Regulations 2017: Key UK legislation implementing EU's PSD2, governing payment services and providers. Sets fundamental requirements for payment authorization and consent procedures.
Consumer Rights Act 2015: Primary consumer protection legislation ensuring fairness and transparency in contract terms, particularly relevant for consumer-facing payment agreements.
Data Protection Act 2018 and UK GDPR: Legislation governing the handling of personal and financial data, including requirements for data processing consent and security measures.
Electronic Communications Act 2000: Legislation providing legal framework for electronic signatures and communications, particularly relevant for digital payment authorizations.
Financial Services and Markets Act 2000: Overarching financial services legislation that provides regulatory framework for financial activities and services in the UK.
Direct Debit Scheme Rules: Specific rules and guarantees governing the Direct Debit payment system, administered by Bacs payment schemes.
FCA Regulations and Guidance: Regulatory guidelines including Payment Services Approach Document and Banking Conduct of Business Sourcebook (BCOBS) for payment service providers.
