Financial Services and Markets Act 2023

This section has no associated Explanatory Notes

23(1)Section 195 (independent report) is amended as follows.U.K.

(2)In subsection (1)(a), omit “or”.

(3)After subsection (1)(b), insert—

(c)a recognised DSA service provider to appoint an expert to report on the provision of services to payment systems (whether or not recognised), or

(d)a service provider in relation to a recognised DSA service provider to appoint an expert to report on the provision of services to the DSA service provider.

(4)In subsection (2)(a), after “operator” insert “, recognised DSA service provider”.

(5)In subsection (2)(b), after “operator” insert “, recognised DSA service provider”.

Commencement Information

I1Sch. 6 para. 23 in force at 29.8.2023, see s. 86(2)(a)