SCHEDULES

SCHEDULE 6Digital settlement assets

PART 1Amendments to the Banking Act 2009

9

After section 184 insert—

“184ARecognition order: DSA service provider

(1)

The Treasury may by order (“recognition order”) specify a DSA service provider as a recognised DSA service provider for the purposes of this Part.

(2)

A recognition order under this section must specify in as much detail as is reasonably practicable the services provided.

(3)

The Treasury may not specify a DSA service provider operated solely by the Bank of England.”