Payment Systems Regulator
Ruth Hopkinson is an accomplished policy manager currently serving at the Payment Systems Regulator since May 2023. Previously, at HM Treasury from October 2020 to December 2022, Ruth held multiple senior roles, including Deputy Director for Business Tax Strategy and Projects, where leadership was provided for a team through significant organizational changes and government budgets. Ruth also led the Self-Employed Covid Support team, overseeing the delivery of £28bn in furlough grants. Earlier experience at HM Treasury includes positions as Private Secretary and Head of Office, Head of Tax Strategy, and Head of Business Rates, among others, with notable achievements in tax policy development and stakeholder engagement. Prior to HM Treasury, Ruth worked at HM Revenue & Customs as a Senior Policy Adviser and began a career at HM Treasury with various roles focused on tax and financial services.
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Payment Systems Regulator
The Payment Systems Regulator (PSR) is the UK's economic regulator of payment systems. We are here to make payment systems work well for those that use them. Our vision is for payment systems that are accessible, reliable, secure and value for money. We are an independent subsidiary of the Financial Conduct Authority with our own statutory objectives and governance, Managing Director and Board. We were incorporated in April 2014 and became fully operational in April 2015. Payment systems form a vital part of the UK’s financial system. They underpin the services that enable funds to be transferred between people and institutions – from large transfers between firms to a contactless payment for your morning coffee. These payment systems process some 40 billion transactions a year, worth around £92 trillion. We have three statutory objectives: to promote competition; to promote innovation; and to ensure that payment systems are operated and developed in the interests of service-users. Our aim is to ensure payment systems and the regulatory framework operate in the best interests of service-users and the wider UK economy − promoting rather than constraining innovation and competition. Take a look at our latest vacancies: https://www.psr.org.uk/about-us/jobs-at-the-psr/