# The Payment Systems and Services and Electronic Money (Miscellaneous Amendments) Regulations 2017, Regulation 2: Amendment of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999

Extent: E+W+S+N.I.

In regulation 2(1) of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (interpretation), in the definition of “institution” after paragraph (aa) insert—
“(ab) an authorised payment institution or small payment institution as defined in regulation 2(1) of the Payment Services Regulations 2017, or a person whose head office, registered office or place of residence, as the case may be, is outside the United Kingdom and whose functions correspond to those of such an institution;”.

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Source: https://www.legislation.gov.uk/uksi/2017/1173/regulation/2 (the official version)
Page: https://openlegislation.uk/payment-systems-and-services-and-electronic-money-miscellaneous-amendments-regulations-2017/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.