THE PSR FOUNDATION KIT — FOR PAYMENT INSTITUTIONS, E-MONEY INSTITUTIONS & RAISPS

The specialist compliance foundation for payment services firms. Save 36% when you bundle the two essential tools your PSR-regulated firm needs.

WHY GENERIC COMPLIANCE TEMPLATES ARE NOT ENOUGH FOR PAYMENT SERVICES FIRMS

Payment Institutions, E-Money Institutions, and RAISPs operate under a regulatory framework that is materially different from that of FSMA-authorised firms. The Payment Services Regulations 2017, the Electronic Money Regulations 2011, and RTS on Strong Customer Authentication impose obligations — safeguarding, SCA, agent oversight, capital adequacy, and payment systems operational security — that a standard compliance risk register simply does not address.

When the FCA reviews a payment services firm's compliance framework, it does not look for a generic risk register populated with conduct risk and SMCR entries. It looks for documented evidence that the firm understands and is managing its PSR-specific obligations — safeguarding client funds, maintaining the required capital, overseeing distribution agents, complying with SCA requirements, and maintaining operational security standards for payment systems.

The PSR Foundation Kit is built specifically for this regulatory environment.

WHAT IS INCLUDED

PSR Compliance Risk Register with Heat Mapping (Excel — 7 worksheets)

A professional-grade, PSR-specific compliance risk register covering 17 risk categories across seven worksheets — including six risk categories that are exclusive to payment services firms and not found in any generic compliance template.

The seven worksheets:

Dashboard — An auto-populating executive summary with total risk counts, current risk distribution, a colour-coded heat map, and a PSF Focus Areas panel highlighting the FCA's current PSR supervisory priorities.

Risk Register — The main register with 50 rows, dropdown menus for all scoring fields, auto-calculating inherent and residual risk scores, auto-populating risk ratings (Critical, High, Medium, Low), and 10 worked example risks specific to payment services operations.

Action Tracker — A mitigation action log capturing action owners, target dates, completion status, and residual risk movement.

Scoring Methodology — A customisable 5x5 matrix with a PSR-adjusted impact scale including a Client/Safeguarding column reflecting the particular significance of client fund protection under PSRs 2017 Regulation 23.

Risk Categories — All 17 risk categories with descriptions and example risks. The six PSR-specific categories are clearly marked and include: Safeguarding (PSRs 2017 Reg 23), Strong Customer Authentication (RTS on SCA), Agent and Distributor Oversight (PSRs 2017 Reg 36-37), Capital Adequacy (PSRs 2017 Reg 18-22), Operational Security for Payment Systems (PSRs 2017 Reg 98-100), and Payment Services Disclosures (PSRs 2017 Part 6).

Regulatory Reference — A dedicated reference tab mapping all 17 risk categories to their specific regulatory provisions under PSRs 2017, EMRs 2011, RTS on SCA, PRIN 2A (Consumer Duty), MLR 2017, and SYSC.

Risk Identification Prompts — Structured question prompts for each risk category, including PSR-specific identification questions for safeguarding audits, agent oversight reviews, and SCA implementation assessments.

PSR Regulatory Horizon Scanning Tracker (Excel)

A PSR-configured tracking tool pre-populated with the regulatory sources and eight initial regulatory items most relevant to payment services firms. Unlike generic horizon scanning tools, this tracker is pre-configured for the PSR regulatory environment — so you are not starting from blank.

Pre-populated regulatory sources: FCA Payment Services, the Payment Systems Regulator (PSR), HM Treasury, European Banking Authority (EBA), the Payments Association, UK Finance.

Eight pre-populated initial tracking items: APP Fraud Mandatory Reimbursement, FCA Safeguarding Multi-Firm Review, Consumer Duty Fair Value for Payments, Operational Resilience Testing, MLR Amendments, Cryptoasset Promotions Regime, BNPL Regulation, and Open Banking/Open Finance developments.

PSF Focus Areas dashboard — a separate tab showing the FCA's current PSR supervisory priorities mapped against your tracked items.

Quick-Start Implementation Guide — PSR Edition (Word) — BONUS

A five-day implementation guide tailored to payment services firms, with safeguarding as the Day 1 priority. Unlike the standard Foundation Kit guide, the PSR edition treats safeguarding setup as the critical first task — reflecting its status as the most common source of FCA enforcement action against payment services firms.

Day 1: Safeguarding risk setup — PSRs 2017 Regulation 23 compliance framework

Days 2–3: PSR Risk Register — completing all 17 categories with PSR-specific prompts

Day 4: Horizon Scanning configuration — PSR sources and initial items

Day 5: Connecting both tools and establishing board reporting cadence

THE NUMBERS THAT MATTER

Individual price of PSR Compliance Risk Register: £199

Individual price of PSR Horizon Scanning Tracker: £499

Quick-Start Implementation Guide PSR Edition: included free

Total individual value: £698

Bundle price: £449

Your saving: £249 (36%)

WHAT THE FCA EXPECTS TO SEE FROM PAYMENT SERVICES FIRMS

The FCA's supervision of payment services firms has intensified significantly. Following its multi-firm safeguarding review, its Dear CEO letter on financial crime in payment services, and its focus on APP fraud compliance, the FCA is actively reviewing whether PSR-regulated firms have:

A documented risk framework that specifically addresses safeguarding, SCA, and agent oversight obligations — not just generic compliance risks. An understanding of the PSR regulatory landscape specific to their firm — including PSR consultations, EBA regulatory technical standards updates, and HM Treasury payment services policy developments.

This kit addresses both requirements directly.

WHO IS THIS FOR

This kit is designed for compliance officers, MLROs, directors, and Senior Managers at PSR-regulated firms. It is particularly suited to:

• Authorised Payment Institutions and Small Payment Institutions building or formalising their compliance framework
• Authorised E-Money Institutions and Small E-Money Institutions under FCA and PRA supervision
• RAISPs and other account information service providers
• Payment services firms that have received FCA supervisory correspondence or Dear CEO letters
• Newly licensed payment firms building their post-authorisation compliance infrastructure
• Compliance professionals responsible for PSR compliance at multi-regulated financial groups

AFTER PURCHASE

You will receive immediate access to three files:

PSR_Compliance_Risk_Register.xlsx

PSR_Horizon_Scanning_Tracker.xlsx

PSR_Foundation_Kit_Quick_Start_Guide.docx

All files are fully editable and ready to customise for your firm.

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