Regulation 29 I1

In paragraph 1, in the modification of regulation 2 of the PSC Regulations^f1 (interpretation), insert in the appropriate place—

• ““credit institution” has the same meaning as in regulation 10(1) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;”

• ““financial institution” has the same meaning as in regulation 10(2) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;”.