It does feel like regulator is abdicating its responsibility "in detail" by such a measure, where as it could have acted to declare the norms under which recurr

It does feel like regulator is abdicating its responsibility "in detail" by such a measure, where as it could have acted to declare the norms under which recurrant payments could be done in a legitimate manner, and continue to actively monitor and oversee their enforcement. Regulator of course have to work with the tools they have, but here it looks more like they are preferring to take a shortcut.