Paragraph 37

Regulation 62 (provision of information leaflet) is amended as follows.

Before paragraph (1) insert—

“(A1)

The FCA must—

(a)

produce a user-friendly electronic document listing in a clear and easily comprehensible manner the rights of consumers under these Regulations,

(b)

make the document available in an easily accessible manner on its website, and

(c)

inform associations of payment service providers and associations of consumers of its publication.”

In paragraph (1), for the words from “European” to “directive” substitute “FCA under paragraph (A1)”.

Omit paragraph (2).