Updating the Bank of England’s fee regime for recognised payment systems

This consultation sets out the government’s intention to revise the scope of the fee regime for recognised payment systems and designated service providers to include digital settlement asset service providers within the scope of the fee regime, following their inclusion within the Bank’s remit under the Financial Services and Markets Act 2023. The government is also consulting on the level of the caps on supervisory and special project fees that can be levied on the firms in scope.