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SCHEDULES

SCHEDULE 6U.K.Digital settlement assets

PART 1U.K.Amendments to the Banking Act 2009

13(1)Section 186A (amendment of recognition order) is amended as follows.U.K.

(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,”.

Commencement Information

I1Sch. 6 para. 13 in force at 29.8.2023, see s. 86(2)(a)