# The Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2018, Regulation 16: Obligations on payment service providers


(1) In Article 4, in paragraph 5—
(a) for “Article 13 of Directive (EU) 2015/849” substitute “regulation 28 of the 2017 Regulations”;
(b) for “Article 40 of that Directive” substitute “regulation 40 of those Regulations”;
(c) for “Article 14(5) of Directive (EU) 2015/849” substitute “regulation 27(8) of the 2017 Regulations”.
(2) In Article 5, in paragraph 1, for “Union” substitute “United Kingdom or Gibraltar”;
(3) In Article 6, in paragraphs 1 and 2, for “Union” substitute “United Kingdom or Gibraltar”;
(4) In Article 7—
(a) in paragraph 2, for “Union”, each time it occurs, substitute “United Kingdom or Gibraltar”;
(b) in paragraph 3, for “Articles 69 and 70 of Directive 2007/64/EC” substitute “regulations 52 and 53 of the Payment Services Regulations 2017”;
(c) in paragraph 5—
(i) for “Article 13 of Directive (EU) 2015/849” substitute “regulation 28 of the 2017 Regulations”;
(ii) for “Article 40 of that Directive” substitute “regulation 40 of those Regulations”;
(iii) for “Article 14(5) of Directive (EU) 2015/849” substitute “regulation 27(8) of the 2017 Regulations”.
(5) In Article 8.1, for “Article 13 of Directive (EU) 2015/849” substitute “regulation 28 of the 2017 Regulations”.
(6) In Article 9, for “Directive (EU) 2015/849”, substitute “the 2017 Regulations”.
(7) In Article 11(2), for “Union” each time it occurs, substitute “United Kingdom or Gibraltar”.
(8) In Article 13, for “Directive (EU) 2015/849”, substitute “the 2017 Regulations”.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111175477/regulation/16 (the official version)
Page: https://openlegislation.uk/draft-money-laundering-and-transfer-of-funds-information-amendment-eu-exit-regulations-2018/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.