Financial Services Financial Services

Inaction on Mastercard, Visa duopoly not an option, UK payment regulator chief says

By Fiona Maxwell
  • 27 Jan 2022 06:38
  • 27 Jan 2022 07:39
Regulatory action on the UK’s payments duopoly looks to be necessary to ensure competition is maintained in the market, the managing director of the Payment Systems Regulator said today.

Chris Hemsley said there are questions about whether there is enough competition in the payments landscape to ensure that Mastercard and Vis

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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