aimm report for PSA Code 15 Discussion

This report has been prepared by Fladgate LLP on behalf of the Association for Interactive Media and Micropayments (aimm) in connection with aimm’s response to a ‘Discussion Paper’ published by the Phone paid Services Authority (PSA) on 27 February 2020 (Discussion Paper).

The purpose of this report is to inform PSA’s approach to its revised Code of Practice and, more fundamentally, help it assess whether the structure of PRS regulation in the UK needs to be revisited. To that extent, our review of the countries covered below has demonstrated that there are a number of differing approaches to the fundamental question of how to ensure regulation protects consumers and also contributes to (rather than hindering) a
vibrant and dynamic PRS industry.