CISSP Domain 7 Compliance Maintenance

What is the principal focus of the Payment Systems Regulator?

Setting income tax rates Regulating payment systems to promote competition, innovation and service-user interests Determining compensation for investment complaints Authorising all occupational pension schemes

Correct Answer:

Regulating payment systems to promote competition, innovation and service-user interests

Explanation:

The Payment Systems Regulator oversees designated payment systems and seeks to promote effective competition, innovation and the interests of service users.

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