The Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023

Payment Accounts Regulations 2015

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11.—(1) The Payment Accounts Regulations 2015(1) are amended as follows.

(2) In regulation 2(1) (interpretation), omit the following definitions—

(a)“fee information document”;

(b)“linked services list”;

(c)“statement of fees”.

(3) In regulation 28(1) (monitoring and enforcement), in sub-paragraph (a), omit “2, ”.

(4) In regulation 29(1) (reporting requirements), omit “2, ”.

(5) In regulation 30(1) (power to direct payment service providers), omit “2, ”.

(6) Omit regulation 40A (technical standards)(2).

(2)

Regulation 40A was inserted by S.I. 2019/661.