The PSR is seeking to understand how industry is preparing for 7 October 2024. We are gathering this data to understand industry progress. This exercise does not prejudice any further work firms may be undertaking to ensure compliance by day 1. 

This is a voluntary questionnaire, and we would expect it would take less than 10 minutes to complete. We are looking to receive responses by Friday 30 August 2024. Answers will not be shared publicly.  

And a reminder that there is a statutory obligation to register with Pay.UK by 20 August 2024. You can find more information on this on the Pay.UK website. You can also find more information on their website about FPS rule changes and the compliance monitoring regime. 

Additionally, Pay.UK has further information about its system offerings (RCMS Core and RCMS Core Plus) and a guide on how to register. 

Please check our website for more information about all the upcoming deadlines.

For example, firm is authorised for specific activities and product types: banking, investments etc.