Section 22 Digital settlement assetsI1
United Kingdom
In Schedule 6, which provides for the regulation of digital settlement assets—
(a)
Part 1 extends Part 5 of the Banking Act 2009 (Bank of England oversight of payment systems) to payment systems using digital settlement assets and DSA service providers, and makes consequential provision;
(b)
Part 2 extends Part 5 of the Financial Services (Banking Reform) Act 2013 (regulation of payment systems) to payment systems using digital settlement assets.
Annotations
Commencement
- I1
S. 22 in force at 29.8.2023, see s. 86(2)(a)