This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

UK payments regulator faces crucial legal test in November

By Phoebe Seers ( May 2, 2025, 09:29 GMT | Insight) -- A key challenge against the UK Payment Systems Regulator's powers to impose a price cap has been set for two days in November, MLex has learned. Visa, Mastercard and Revolut have filed a judicial review claim against the PSR, asserting that it acted beyond its powers when it imposed an interim cap on cross-border interchange fees.A key challenge against the UK payments regulator’s powers to impose a price cap has been set for November, MLex has learned. Visa, Mastercard and Revolut have filed a judicial review claim against the Payment Systems Regulator, asserting that it acted beyond its powers when it imposed an interim cap on cross-border interchange fees....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections