# The Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018, Paragraph 62


(1) Regulation 147 (duty to co-operate and exchange of information) is amended as follows.
(2) In paragraph (1)—
(a) omit sub-paragraph (a);
(b) for sub-paragraphs (b) to (d) substitute—
“(b) the Bank of England; and
(c) any other public authority exercising functions in the United Kingdom in relation to payment service providers,”;
(c) in the words following sub-paragraph (d), for “under the payment services directive and other relevant EU or national legislation” substitute “under these Regulations and other relevant legislation”.
(3) In paragraph (2)—
(a) in sub-paragraph (a), for “(1)(a), (c) and (d)” substitute “(1)(c)”;
(b) for sub-paragraph (b) substitute—
“(b) the Bank of England when acting in its capacity as a monetary and oversight authority;”;
(c) in the words following sub-paragraph (c), for “the payment services directive and other relevant EU or national legislation” substitute “these Regulations and other relevant legislation”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111173008/schedule/2/paragraph/62 (the official version)
Page: https://openlegislation.uk/draft-electronic-money-payment-services-and-payment-systems-amendment-and-transitional-provisions-eu-exit-regulations-2018/schedule-2/paragraph-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.