Consultation on customer information requirements in the Payment Accounts Regulations (PARs) 2015
The Payment Accounts Regulations (PARs) transposed the EU’s Payments Accounts Directive in 2015. Part 2 and Schedules 1 and 2 of the PARs set out requirements intended to improve the comparability of fees connected with payment accounts. We expect many of these requirements to be either too prescriptive or less necessary in a UK context.
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This consultation document is seeking views from relevant stakeholders on these requirements. This consultation will remain open for 10 weeks and will close at 11pm on 17th February 2023.
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