Payments Forward Plan Published by Committee

FCA News & Press Releases

Published February 26th, 2026

Detected February 26th, 2026

Summary

The Payments Vision Delivery Committee, comprising HM Treasury, Bank of England, FCA, and PSR, has published the Payments Forward Plan. This plan outlines upcoming initiatives in retail and wholesale payments, including digital assets, to foster innovation and economic growth.

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The Payments Vision Delivery Committee has published the Payments Forward Plan, detailing upcoming initiatives across retail and wholesale payments, including elements of digital assets. This plan aims to provide clarity on future developments, supporting firms in planning and innovation, and aligning with the Government's National Payments Vision for a trusted, world-leading payments ecosystem.

Regulated firms, particularly those in the payments sector, should review the Plan to understand upcoming initiatives and their potential impact on operations and innovation. The Committee will also enhance its focus on payments in the Regulatory Initiatives Grid in its first 2027 publication, indicating ongoing regulatory attention to the sector.

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Payments Vision Delivery Committee publishes Payments Forward Plan

Statements First published:

26/02/2026

Last updated: 26/02/2026
The Payments Vision Delivery Committee (the Committee) has published the Payments Forward Plan (the Plan).

Read the Plan on GOV.UK

The Committee comprises:

HM Treasury
Bank of England
Financial Conduct Authority
Payment Systems Regulator The Plan sets out upcoming initiatives across retail and wholesale payments, including elements of digital assets. Recent publications on open banking, stablecoins and contactless limits, alongside the initiatives in the Plan, show the high level of activity across the sector.

The Plan provides clarity on what is coming and when, helping firms plan ahead and focus on innovation. The Plan sets out actions to deliver the Government’s National Payments Vision of a trusted, world-leading payments ecosystem built on next-generation technology, offering consumers and businesses a choice of payment methods.

The Committee will continue to consider our collective impact on firms and support competition, innovation and economic growth.

Going forwards, the Committee has agreed to add an enhanced focus on payments to the Regulatory Initiatives Grid in its first 2027 publication.

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Payments Vision Delivery Committee sets out new payments strategy National Payments Vision | GOV.UK