Joint venture and Payment Systems Regulator: Difference between pages

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1.  
''UK financial regulation.''


(JV).  
(PSR).


A contractual arrangement where two or more parties undertake an economic activity which is subject to joint control.
The Payment Systems Regulator was established in 2015 to regulate payment systems in the UK.




2. ''Financial reporting''.  
The PSR's objectives include:
*Ensuring that payment systems are operated and developed in a way that considers and promotes the interests of all the businesses and consumers that use them.
*Promoting effective competition in the markets for payment systems and services.
*Promoting development and innovation in payment systems, in particular the infrastructure used to operate payment systems.


A joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.


== See also ==
* [[Confirmation of Payee]]
* [[Cross-border interchange fee]]
*[[Financial Conduct Authority]]
* [[Immediate payments and the impact on corporate treasurers]]
* [[Infrastructure]]
* [[New Payments Architecture]] (NPA)
* [[Pay.UK]]
* [[Payment service provider]]
* [[Payment system]]
* [[PSD2]]
* [[Request to Pay]]




== See also ==
==External link==
* [[Associate]]
*[[https://www.psr.org.uk/about-us/the-psr-purpose/ The UK Payments Systems Regulator - our purpose]]
* [[IAS 28]]
* [[IFRS 11]]
* [[Joint control]]
* [[Joint operation]]
* [[Proportionate consolidation]]


[[Category:Corporate_finance]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 21:33, 22 April 2023

UK financial regulation.

(PSR).

The Payment Systems Regulator was established in 2015 to regulate payment systems in the UK.


The PSR's objectives include:

  • Ensuring that payment systems are operated and developed in a way that considers and promotes the interests of all the businesses and consumers that use them.
  • Promoting effective competition in the markets for payment systems and services.
  • Promoting development and innovation in payment systems, in particular the infrastructure used to operate payment systems.


See also


External link