Paragraph 13
United Kingdom
For the purposes of paragraphs 4, 5 F1, 5A and 7, a description of—
the audit arrangements of the applicant; and
the organisational arrangements that the applicant has set up,
with a view to the applicant taking all reasonable steps to protect the interests of its electronic money holders and payment service users and to ensuring continuity and reliability in the performance of the issuance of electronic money and payment services activities.
Annotations
Textual amendments
- F1
Words in Sch. 1 para. 13 inserted (13.8.2017 for specified purposes, 13.10.2017 for specified purposes, 13.1.2018 in so far as not already in force) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(2)(c)(iii)(3)(f)(i)(6), Sch. 8 para. 5(29)(c) (with reg. 3)