Question to the HM Treasury:
To ask Her Majesty's Government when they will begin the review process of the Payment Services Regulations 2017, in accordance with section 158 of those regulations.
As noted in Regulation 158 of the Payments Services Regulations 2017, HM Treasury must from time to time carry out a review of the regulatory provision contained in these Regulations and publish the report setting out the conclusions of the review. The first report under this regulation must be published on or before 13 January 2023. HM Treasury will conduct this review in accordance with Regulation 158.