Schedule 7: Accountability of the Payment Systems Regulator Paragraph 8: International trade obligations for the PSR
Paragraph 8 inserts a new section 107A into FSBRA 2013, requiring the PSR to notify HM Treasury of a relevant action if it considers there to be material risk that the action would be incompatible with the UK’s international trade obligations. This is a corresponding provision to section 33, adjusted to refer to the PSR.
	Subsections (6), (8) and (9) of section 33 are not relevant to the PSR, so have no corresponding provision in this new section.