# The Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025, Regulation 7: Insertion of new Part 6 of the Schedule


(1) After Part 5 of the Schedule (modifications of the Uncertificated Securities Regulations 2001) insert—
“Part 6
This Part sets out modifications made to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. The provisions specified in the first column are modified as provided for in the corresponding entry in the second column.
Provision
Modification
Regulation 3
Treat the definitions of “cryptoasset exchange provider” and “custodian wallet provider” as disapplied.
Regulation 7(1)(a)
Treat paragraphs (viii) and (ix) as disapplied.
Regulation 8(2)
Treat sub-paragraphs (j) and (k) as disapplied.
Regulation 14A
Treat this regulation as disapplied.
Regulation 27
Treat the references to “cryptoasset exchange provider” and “custodian wallet provider” in paragraph (2) as disapplied. Treat paragraphs (7D), (7E) and (10) as disapplied.
Regulation 40
Treat paragraphs (2)(c), 2(d) and 9(e) as disapplied.
Regulation 54
Treat paragraph (1A) as disapplied.
Regulation 56(1)
Treat sub-paragraphs (f) and (g) as disapplied.
Regulation 56A
Treat this regulation as disapplied.
Regulation 58A
Treat this regulation as disapplied.
Regulation 59
Treat paragraphs (3A)(i), (6)(b) and (8) as disapplied.
Regulation 60
Treat paragraph (2A) as disapplied.
Regulation 60A
Treat this regulation as disapplied.
Regulation 60B
Treat this regulation as disapplied.
Regulations 64A to 64H
Treat these regulations as disapplied.
Regulations 74A to 74C
Treat these regulations as disapplied.
Schedule 6
Treat paragraphs 10(c), 11A and 12(ca) to (cc) as disapplied.
Schedule 6B
Treat this Schedule as disapplied.
”.

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Source: https://www.legislation.gov.uk/uksi/2025/93/regulation/7 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023-digital-securities-sandbox-amendment-regulations-2025/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

