PART 7Transfer of Funds (Information on the Payer) Regulations
Transfer of funds supervisory authorities62
1
The FCA is the transfer of funds supervisory authority for payment service providers, who are—
a
authorised persons;
b
authorised payment institutions under the Payment Services Regulations F12017 which are not included in the register maintained by the Commissioners under regulation 54(2);
c
registered small payment institutions under the Payment Services Regulations F22017 which are not included in the register maintained by the Commissioners under regulation 54(2);
d
authorised electronic money institutions under the Electronic Money Regulations 2011 M1; or
e
registered small electronic money institutions under the Electronic Money Regulations 2011.
2
The Commissioners are the transfer of funds supervisory authority for payment service providers who do not come within paragraph (1).