Payment Regulation Tracker

Regulatory deadlines, directives, and compliance requirements affecting payment infrastructure.

Upcoming Deadlines

1dSeptember 30, 2026WAEMU

WAEMU: banks, e-money and payment institutions must open PI-SPI instant payment services

The BCEAO set 30 September 2026 as the deadline for banks, e-money institutions and payment institutions to open services on PI-SPI, the WAEMU interoperable instant payment platform, and 30 June 2027 for microfinance institutions supervised by the WAEMU Banking Commission (communiqué of 25 June 2026).

2dOctober 1, 2026AU

Australia: surcharging removed on designated card networks and domestic interchange caps reduced

The Reserve Bank of Australia's card payment reforms take effect mostly on 1 October 2026, including the removal of surcharging on debit, prepaid and credit cards on the designated eftpos, Mastercard and Visa card networks and reductions in the interchange caps for domestic card transactions. An interchange fee cap on foreign cards and some payment cost transparency changes follow on 1 April 2027.

10dOctober 9, 2026KE

Kenya: public comments on the draft National Payment System Bill, 2026 close

The National Treasury and the Central Bank of Kenya published the draft National Payment System Policy and the draft National Payment System Bill, 2026 for public comment. The Bill would repeal the National Payment System Act, Cap. 491A. Comments are due on or before 9 October 2026.

24dOctober 23, 2026US

Nacha: comments close on redefining "Banking Day" in the Nacha Operating Rules

Nacha requests comment on revising the defined term "Banking Day" in the Nacha Operating Rules to a calendar day other than a Saturday, Sunday or Federal banking holiday. Comments are due 23 October 2026; the proposed effective date is 18 June 2027.

52dNovember 20, 2026US

Nacha: responses due on requiring secure electronic channels for ACH exception processing

Nacha requests information on the use of secure, electronic communication channels for ACH exception processing between participants. Responses are due 20 November 2026.

62dNovember 30, 2026US

US: comments close on the Federal Reserve Board's GENIUS Act proposals

Comments are due by 30 November 2026 on the Federal Reserve Board's two GENIUS Act proposals, published in the Federal Register on 29 September 2026. The first would require Board-supervised payment stablecoin issuers to back their stablecoins fully with permissible reserve assets, such as short-term Treasury bills, and set standardised capital requirements and risk-management standards, with separate rules for Board-supervised firms that safekeep the assets backing payment stablecoins. The second would set an application process for Board-supervised banks applying to issue payment stablecoins. The Board requested comment on 24 September 2026.

72dDecember 10, 2026SEPA

EPC: public consultation on the FRIDA fraud-data scheme rulebook v0.1 closes

The European Payments Council's public consultation on version 0.1 of the Fraud Information Distribution Arrangement (FRIDA) scheme rulebook runs from 11 September to 10 December 2026. The EPC aims to publish version 1.0 of the rulebook and its technical specifications by June 2027; version 1.0 is to enter into effect on the same date as the Payment Services Regulation, which the EPC expects in Q4 2028. Submissions to the EPC's request for proposal for the FRIDA Central Platform service provider are due by 23 October 2026.

76dDecember 14, 2026MX

Mexico: SPEI participants and banks must comply with Banco de México's rules on the mobile transfer user experience

Banco de México's Circular 9/2026, addressed to SPEI participants, and Circular 10/2026, addressed to credit institutions and other lenders, amend its rules on standardising the user experience of electronic funds transfers made through mobile devices (Circulars 14/2017 and 3/2012); the SPEI amendments include the obligations for CoDi transfer orders. Both were published in the Diario Oficial de la Federación on 17 June 2026. SPEI participants, with the indirect participants they have a contractual relationship with, and the institutions have until 14 December 2026 to comply with the circulars and the related guides.

111dJanuary 18, 2027US

GENIUS Act takes effect

The GENIUS Act takes effect on the earlier of 18 months after enactment (18 July 2025) or 120 days after the primary federal payment stablecoin regulators issue any final regulations implementing it; the Treasury Department's proposed rule of 18 August 2026 states that the effective date is expected to be 18 January 2027. On 24 September 2026 the Federal Reserve Board requested comment on two proposals. The first would require Board-supervised payment stablecoin issuers to back their stablecoins fully with permissible reserve assets, such as short-term Treasury bills, and set standardised capital requirements and risk-management standards, with separate rules for Board-supervised firms that safekeep the assets backing payment stablecoins. The second would set an application process for Board-supervised banks applying to issue payment stablecoins. Both were published in the Federal Register on 29 September 2026, with comments due by 30 November 2026.

125dFebruary 1, 2027BR

Pix: hybrid billing and new participant duties take effect (Resolução BCB nº 587)

Resolução BCB nº 587 of 18 September 2026 amends the Pix Regulation with provisions that take effect on 1 February 2027. They create hybrid billing: a due-dated Pix Cobrança charge can also be made payable through the boleto payment arrangement, at the option of the payee's provider, which must be the institution that issues the boleto. The payee's provider must reject a Pix when the hybrid charge has already been paid by boleto or the dynamic boleto has been linked to a financial asset; when a hybrid charge's Pix Cobrança is settled after the obligation was already paid by boleto, it must return the full amount to the payer from its own funds within 24 hours of settlement. Participants must also publicise the Special Return Mechanism (MED), with a focus on vulnerable users, in their advertising and customer-service channels, and a participant that marks a founded suspicion of fraud must inform the user of the marking.

256dJune 12, 2027GLOBAL

Swift: deferred Standards Release 2026 goes live

Swift set 12 June 2027 as the implementation date for its deferred Standards Release 2026 (update of 21 September 2026). The release covers all MT messages except Category 1, ISO 20022 securities and funds messages, tracker messages and exceptions and investigations messages. Swift deferred all payments changes: it is consulting on the timing of the structured address requirement and will give an update by December at the latest, and the other payments changes planned for November will be phased separately.

275dJuly 1, 2027BR

Pix: Pix Automático may be initiated from salary accounts

Resolução BCB nº 587 of 18 September 2026 amends the Pix Regulation to allow Pix Automático transactions to be initiated from salary accounts (contas-salário). The provisions take effect on 1 July 2027.

549dMarch 31, 2028US

RTP: all participants must receive inbound One-Leg-Out (OLO) payments

The RTP Operating Rules edition effective 4 October 2026 adds a framework for One-Leg-Out (OLO) payments, the U.S. leg of payments to or from a payer or payee outside the United States. From 4 October 2026 to 30 March 2028 only participants that opt into the early-adopter period must comply with the OLO Framework; from 31 March 2028 all participants must receive inbound OLO payments and comply with it.

Other dated register entries

These dates are recorded but are not counted down: the item was deferred, superseded or cancelled, the date is indicative rather than a fixed deadline, or no recorded source supports it.

Date not supported by a recorded source (September 30, 2026 recorded)

Visa Click to Pay rollout (Europe)

ClearingPost's recheck on 25 September 2026 found no public Visa source that sets this date.

Deferred (November 14, 2026 recorded)

SWIFT CBPR+ structured address mandate

Deferred (November 14, 2026 recorded)

SWIFT CBPR+ SRP case management mandate

Indicative date, not a fixed deadline (December 14, 2026)

PSD3 / PSR expected adoption

Date not supported by a recorded source (December 31, 2026 recorded)

FiDA (Financial Data Access) regulation

Indicative date, not a fixed deadline (December 31, 2026)