SCHEDULES

SCHEDULE 6Digital settlement assets

PART 1Amendments to the Banking Act 2009

I113

1

Section 186A (amendment of recognition order) is amended as follows.

2

After subsection (2)(a) insert—

aa

in the case of a recognition order in respect of a DSA service provider, consult the FCA,

3

In subsection (2)(b), after “system” insert “or the recognised DSA service provider (as appropriate)”.

4

In subsection (3)(a), for “the operator of which” substitute “or a DSA service provider, where the operator of the system or the provider”.

5

In subsection (3)(b), after “operator” insert “or provider”.

6

In subsection (4)—

a

after first “system” insert “or by a recognised DSA service provider”,

b

after second “system” insert “or provider,”.