There are currently no known outstanding effects for the Financial Services and Markets Act 2023, Paragraph 12.
12(1)Section 186 (procedure) is amended as follows.U.K.
(2)In the opening words of subsection (1) after “system” insert “or a DSA service provider”.
(3)After subsection (1)(a) insert—
“(aa)in the case of a recognition order in respect of a DSA service provider, consult the FCA,”.
(4)In subsection (1)(b), after “system” insert “or the DSA service provider (as appropriate)”.
(5)In subsection (2)(a), for “the operator of which” substitute “or a DSA service provider, where the operator of the system or the provider”.
(6)In subsection (2)(b), after “operator” insert “or provider”.
(7)In subsection (3), after “system” insert “or a DSA service provider”.
Commencement Information
I1Sch. 6 para. 12 in force at 29.8.2023, see s. 86(2)(a)
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