Reporting requirementsU.K.
49.—(1) An electronic money issuer must give the Authority such information in respect of its issuance of electronic money and provision of payment services and its compliance with requirements imposed by or under Parts 2 to 5 of these Regulations as the Authority may direct.
[F1(1A) An electronic money institution must give the Authority such information in respect of its compliance with requirements imposed by or under section 312R of the 2000 Act as the Authority may direct.]
(2) Information required under this regulation must be given at such times and in such form, and verified in such manner, as the Authority may direct.
[F2(3) A direction under this regulation must specify the purpose for which the information is required, as appropriate, and the time within which the information is to be given.]
Textual Amendments
F1Reg. 49(1A) inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 2 para. 54 (with s. 2(3)); S.I. 2023/779, reg. 4(zz)(iv)
F2Reg. 49(3) inserted (13.8.2017 for specified purposes, 13.10.2017 for specified purposes, 13.1.2018 in so far as not already in force) by The Payment Services Regulations 2017 (S.I. 2017/752), reg. 1(2)(c)(iii)(3)(f)(i)(6), Sch. 8 para. 5(25) (with reg. 3)