Recommendations for Regulating and Supervising Bank and Non-bank Payment Service Providers Offering Cross-border Payment Services: Overview of responses to consultation

On the 16 July the FSB published the consultative report Recommendations for Regulating and Supervising Bank and Non-bank Payment Service Providers Offering Cross-border Payment Services.

The FSB received 21 responses, from North America, Asia-Pacific and Europe. The responses received spanned various entities in the cross-border payments ecosystem such as banks, non-bank payment service providers (PSPs), credit card schemes and clearing houses.

This document summarises the comments raised in the public consultation and sets out the main changes made to the final report in order to address them.