Wire · regulatory
UK Payment Services Regulation: At a Crossroads
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Fusion42 · 24 September 2026 · Fusion42 review
HM Treasury's consultation on modernising UK payment services regulation proposes delegating firm-facing requirements to the FCA Handbook, adopting a technologically neutral approach to tokenised payments and stablecoins, addressing agentic AI payment execution, and enhancing senior management accountability to mitigate financial crime risks.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 24 Sep 2026 and 30 Sep 2026.
◆ ◆ The Wire takeaway
Firms handling payments must prepare for regulatory changes that consolidate rules in the FCA Handbook and introduce new permissions for tokenised payments. You face new compliance demands around AI-driven payments and increased senior management responsibility for financial crime.
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2 sources · first reported 24 Sep 2026 · latest 30 Sep 2026
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