The future of The Phone-paid Services Authority
September 1st, 2021
1 min read.
It was announced on the 24th of May 2020 that the Phone-paid Service Authority (The PSA) will cease to operate independently as Ofcom will be taking over the regulatory responsibility (subject to DCMS approval - The Department for Digital, Culture, Media and Sport).
When would this come into effect?
It is understood that Ofcom will accept responsibility in the later part of 2023
But what does this mean for you?
The PSA will continue to regulate the industry with the 15th code of practice remaining in place until Ofcom is transferred responsibility.