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ARTICLE · 11 MARCH 2026

Payments Vision Delivery Committee Publishes Payments Forward Plan

Lewis Silkin
Lewis Silkin
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Lewis Silkin

Lewis Silkin

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The Payments Vision Delivery Committee has published the Payments Forward Plan, setting out its regulatory roadmap for the payments sector over the next three years.

United KingdomFinance and Banking
Wendy Saunders
Wendy Saunders
Helen Hart
Helen Hart
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The Payments Vision Delivery Committee has published the Payments Forward Plan, setting out its regulatory roadmap for the payments sector over the next three years. This builds on the strategic direction established by the government's National Payments Vision. The Committee consists of HM Treasury, the Bank of England, the Financial Conduct Authority and the Payment Systems Regulator.

The Plan sets out upcoming initiatives across retail and wholesale payments, including digital assets.

Modernising the regulatory framework

The Plan outlines timelines for various initiatives to modernise existing regulations, including bringing the PSR into the FCA, reviewing retained EU law, and implementing a fee cap for systemic payment systems. Notably, it states that HM Treasury will launch a consultation in Q2 2026 about the review of retained EU law relating to payments, and the FCA will publish an accompanying engagement paper.

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