The Qatari-owned club could renew their interest in Angel Di Maria, Cristiano Ronaldo and Hugo Lloris after proving to UEFA they will be debt-free by the end of next season.
PSG were told in May 2014 they could not spend over 60 million euros (??42.5m) on players this summer and also had restrictions on their squad size after the club broke FFP rules.
UEFA’s new ruling means the Parisians can increase the size of their Champions League squad from 21 to 25 players next season, newspaper L’Equipe reported.
Laurent Blanc’s side have spent 12m euros (??8.5m) on signing defender Serge Aurier on a four-year deal from Toulouse.
UEFA have indicated it would lift the rules on club spending in a bid to make teams more competitive and ensure clubs are more attractive to new investors.
PSG have been linked with a host of Premier League players including??Di Maria, who has said he wants to stay at Old Trafford despite a difficult first season following his ??59.7 million move last summer.