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<p>A competitive and transparent financial services sector is vital to ensuring that
the UK economy delivers for consumers and businesses.</p><p> </p><p>As with all policy
areas, the Government continues to keep transparency of foreign exchange fees under
review, and is currently conducting research on the effects of this on consumer decisions
to inform its policy approach.</p><p> </p><p>The Government is also currently consulting
on its draft regulations for the implementation of the Second Payment Services Directive
and will respond in due course.</p>
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