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Brief: UK's PSR Plans To Consult On UK Profitability Reporting For Mastercard & Visa

May 21 (Reuters) - UK's PSR:

UK'S PSR : TO CONSULT ON UK PROFITABILITY REPORTING FOR MASTERCARD AND VISA

PSR: IN ITS REVIEW OF CARD SCHEME  PROCESSING FEES, PSR FOUND EVIDENCE THAT SCHEMES' PROFIT MARGINS ARE HIGHER THAN EXPECTED IN COMPETITIVE MARKETS

UK'S PSR: DECIDED TO REQUIRE MASTERCARD  VISA TO PROVIDE PROFIT AND LOSS ACCOUNT FOR THEIR UK CARD OPERATIONS, WITH RELEVANT LEVELS OF DISAGGREGATION

PSR: DECIDED TO REQUIRE SCHEMES TO PROVIDE CONTEXTUAL INFORMATION TO HELP UNDERSTAND FINANCIAL PERFORMANCE OF RESPECTIVE UK CARD BUSINESSES

Further company coverage: MA.N

 ((Reuters.Briefs@thomsonreuters.com;))

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