PART 6Evaluation and review

Evaluation43

1

F2The Authority must gather information on the following, and supply it to the Treasury on or before 18th July 2020 and at least every 2 years after that date:

a

compliance by payment service providers with regulations 6 to 11;

F1b

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c

the number of payment accounts that have been switched;

d

the proportion of applications for switching that have been refused;

e

the number of credit institutions offering payment accounts with basic features;

f

the number of payment accounts with basic features that have been opened; and

g

the proportion of applications for payment accounts with basic features that have been refused.

F32

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ReviewF444

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