PART 3AMENDMENT OF EU LEGISLATION
Obligations on payment service providers16
1
In Article 4, in paragraph 5—
a
for “Article 13 of Directive (EU) 2015/849” substitute “regulation 28 of the 2017 Regulations”;
b
for “Article 40 of that Directive” substitute “regulation 40 of those Regulations”;
c
for “Article 14(5) of Directive (EU) 2015/849” substitute “regulation 27(8) of the 2017 Regulations”.
2
In Article 5, in paragraph 1, for “Union” substitute “United Kingdom or Gibraltar”;
3
In Article 6, in paragraphs 1 and 2, for “Union” substitute “United Kingdom or Gibraltar”;
4
In Article 7—
a
in paragraph 2, for “Union”, each time it occurs, substitute “United Kingdom or Gibraltar”;
b
in paragraph 3, for “Articles 69 and 70 of Directive 2007/64/EC” substitute “regulations 52 and 53 of the Payment Services Regulations 2017”;
c
in paragraph 5—
i
for “Article 13 of Directive (EU) 2015/849” substitute “regulation 28 of the 2017 Regulations”;
ii
for “Article 40 of that Directive” substitute “regulation 40 of those Regulations”;
iii
for “Article 14(5) of Directive (EU) 2015/849” substitute “regulation 27(8) of the 2017 Regulations”.
5
In Article 8.1, for “Article 13 of Directive (EU) 2015/849” substitute “regulation 28 of the 2017 Regulations”.
6
In Article 9, for “Directive (EU) 2015/849”, substitute “the 2017 Regulations”.
7
In Article 11(2), for “Union” each time it occurs, substitute “United Kingdom or Gibraltar”.
8
In Article 13, for “Directive (EU) 2015/849”, substitute “the 2017 Regulations”.