Introductory text

FINANCIAL SERVICES AND MARKETS

Made 11th February 2026

Laid before Parliament 12th February 2026

Coming into force 17th March 2026

It appears to the Treasury that the body set out in this Order:

(a)

represents the interests of consumers in accordance with section 234C(3)(a) of the Financial Services and Markets Act 2000^f1 (“FSMA 2000”), and satisfies the other criteria published^f2 under section 234C(3)(b) of FSMA 2000; and
(b)

represents the interests of those who use, or are likely to use, services provided by payment systems in accordance with section 68(3)(a) of the Financial Services (Banking Reform) Act 2013^f3 (“FSBRA 2013”), and satisfies the other criteria published^f4 under section 68(3)(b) of FSBRA 2013.

The Treasury make this Order in exercise of the powers conferred by section 234C(2) of FSMA 2000 and section 68(2) of FSBRA 2013.

Annotations

f1: 2000 c. 8. Section 234C was inserted by section 43 of the Financial Services Act 2012 (c. 21).
f2: The criteria to be applied by the Treasury in determining whether to designate a body as a designated consumer body were published on 12th March 2013 on the Treasury’s website at https://www.gov.uk/government/publications/guidance-for-bodies-seeking-designation-as-super-complainants-to-the-financial-conduct-authority.
f3: 2013 c. 33.
f4: The criteria to be applied by the Treasury in determining whether to designate a body as a designated representative body were published on 28th September 2015 on the Treasury’s website at https://www.gov.uk/government/publications/super-complainants-for-the-payment-systems-regulator.