OpenLegislation

Paragraph 18 I1

United Kingdom

After section 190 insert—

“Service provider rules

190A
(1)

The Bank of England may require a recognised DSA service provider—

(a)

to establish rules for the operation of services provided by the recognised DSA service provider;

(b)

to establish rules for the operation of services provided by a service provider to the recognised DSA service provider;

(c)

to change the rules in a specified way or so as to achieve a specified purpose;

(d)

to notify the Bank of any proposed change to the rules;

(e)

not to change the rules without the approval of the Bank.

(2)

A requirement under subsection (1)(d) or (e) may be general or specific.”

Annotations

Commencement

I1

Sch. 6 para. 18 in force at 29.8.2023, see s. 86(2)(a)