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Section 190A Service provider rulesF1

(1)

The Bank of England may require a recognised DSA service provider—

(a)

to establish rules for the operation of services provided by the recognised DSA service provider;

(b)

to establish rules for the operation of services provided by a service provider to the recognised DSA service provider;

(c)

to change the rules in a specified way or so as to achieve a specified purpose;

(d)

to notify the Bank of any proposed change to the rules;

(e)

not to change the rules without the approval of the Bank.

(2)

A requirement under subsection (1)(d) or (e) may be general or specific.

Annotations

Textual amendments

F1

S. 190A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 18

Notes on Part 5

Textual amendments

F1

Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2

F2

Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2