PSR APP scams reimbursement policy statement
January 04, 2024
On 19 December 2023, the Payment Systems Regulator (PSR) published a policy statement, PS23/4, on authorised push payment (APP) scams reimbursement. In this policy statement the PSR sets out the final detailed parameters of the new reimbursement requirement within Faster Payments and the legal instruments it is using to implement the policy. The PSR also confirms the policy start date of 7 October 2024.