Media Release CFR Issues Paper: Review of Retail Payments Regulation: Stored-value Facilities

The Council of Financial Regulators (CFR) today released an Issues Paper, Review of Retail Payments Regulation: Stored-value Facilities for public consultation.

The Issues Paper is part of a CFR review of the regulatory framework for stored-value facilities, such as purchased payment facilities. The review will also consider the operation of a number of other aspects of the regulation of retail payments service providers that may have the potential to be improved or clarified.

The closing date for submissions is 19 October 2018.

For further details, please see the CFR Issues Paper, Review of Retail Payments Regulation: Stored-value Facilities.