The second EU Payment Services Directive (PSD2) is required to be in the FCA that carry on (or intend to carry on) payment related activities. PSD2 is being implemented in the UK through the Payment Services Regulations , which the Treasury consulted on in February. Be authorised by or registered with the FCA, unless they are exempt; and; Meet the Payment Services Regulations (PSR's) conduct of business. In this paper, the Payment Systems Regulator is also consulting on its approach to monitoring and enforcing the four Regulations in the PSRs that it is the competent authority. Firms that provide payment services must be authorised or registered by us, comply with our conduct requirements and vfl wolfsburg hsv us information that allows us to regulate their businesses accurately. Careers Careers home Early careers Experienced professionals Search jobs and apply. Revised Payment Services Directive PSD2. Updates to the Perimeter Guidance Manual PERG Along with the approach document, this is the key resource document for firms operating, or thinking of operating in this sector.