- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
Regulation 3
Person | Functions |
---|---|
The Treasury | Their public functions |
The Secretary of State | The public functions of the Secretary of State |
A Secretary of State worker | The public functions of the Secretary of State or (where different) the public functions of the Secretary of State worker |
The Payment Systems Regulator | All of its functions |
The FCA | All of its functions |
The Bank of England | Its public functions |
The European Central Bank, or the central bank of any country or territory outside the United Kingdom | (a) Its functions as a monetary authority (b) Its functions in relation to overseeing payment systems and clearing and settlement systems |
The PRA | All of its functions |
A regulator worker | The functions of a regulator mentioned in this Schedule or (where different) the public functions of the regulator worker |
A person appointed under section 69 of the Financial Services Act 2012(1) to hold an inquiry into events of the type described in section 68(3A) of that Act | The person’s functions in respect of that inquiry |
The Chief Ombudsman appointed in accordance with paragraph 5 of Schedule 17(2) to FSMA 2000, and any other member of the panel of ombudsmen appointed in accordance with paragraph 4 of that Schedule | |
The Department of Enterprise, Trade and Investment in Northern Ireland | Its functions under any enactment in so far as they relate to the supervision of participants or former participants in payment systems |
A body (other than a central bank) in a country or territory outside the United Kingdom having (a) functions as a monetary authority or (b) responsibility for overseeing payment systems | Its functions as such |
A body in a country or territory outside the United Kingdom that exercises functions similar to those of the Treasury, the FCA, the PRA or the Payment Systems Regulator in relation to payment systems | Its functions as such |
The Bank for International Settlements | Its functions as such |
The body known as the Panel on Takeovers and Mergers | All of its functions |
The Competition and Markets Authority | Its functions as such |
A body in a country or territory outside the United Kingdom that exercises functions as a competition authority | Its functions as such |
The Office of Communications | Its functions as such |
2012 c. 21. Section 68(3A) was inserted by section 105 of the Financial Services (Banking Reform) Act 2013.
Various amendments have been made to Schedule 17, none of which is relevant here.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: