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Wire · regulatory

PSR publishes Specific Direction 17 (Confirmation of Payee)

22 October 2026 · By · Wire by Fusion42

Published

22 October 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United Kingdom

◆ Source

Read at regulationtomorrow.com →

◆ Verified

Fusion42 · 23 October 2026 · Fusion42 review

The Payment Systems Regulator (PSR) has removed the expiry date from Specific Direction 17, making the Confirmation of Payee (CoP) requirement permanent for directed payment service providers in the UK, following wide adoption and compliance.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

The permanence of Confirmation of Payee checks means you must align your payment services with this standard now to avoid compliance gaps and secure market access in UK payments.

◆ Coverage

1 source · 22 Oct 2026

◆ Related on Wire

◆ Topics

Fintechconfirmation-of-payeepayment-systemsregulationuk-fintech