The Payment Services (Amendment) Act 2021 has taken effect on 4 April 2024, along with changes to the Payment Services Regulations 2019 (“PSR”) and various related regulatory instruments.
This update focuses on the key refinements to the conduct of business requirements, pursuant to amendments to the PSR and other regulatory instruments. These changes apply to all payment services providers under the PS Act, and not merely digital payment token service providers.
Read further for our summary and analysis.
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