Bank Cards: Fees and Charges

(asked on 13th April 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 22 March 2017 to Question 67778, what steps he is taking to ensure local trading standards officers are adequately resourced to effectively enforce the interchange fee regulation.


Answered by
 Portrait
Simon Kirby
This question was answered on 24th April 2017

Local Trading Standards officers are not responsible for enforcing the Interchange Fee Regulation. The Payment Systems Regulator (PSR) is responsible for monitoring compliance with the interchange fee regulation in the UK and for taking enforcement action where appropriate.

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