Source: https://www.legislation.gov.uk/uksi/2017/752/contents/made
Timestamp: 2018-01-20 11:22:09
Document Index: 246683594

Matched Legal Cases: ['ART 3', 'ART 4', 'ART 5', 'ART 6', 'ART 7', 'art 7', 'ART 8', 'ART 9', 'ART 10', 'art 10', 'art 2', 'ART 1', 'ART 2', 'ART 2', 'ART 3', 'art 8']

8.Variation etc. at request of authorised payment institution
11.Request for cancellation of authorisation
12.Variation of authorisation on FCA’s own initiative
13.Application for registration as a small payment institution or variation of an existing registration
14.Conditions for registration as a small payment institution
16.Application for authorisation or registration if requirements cease to be met
17.Application for registration as an account information service provider or variation of an existing registration
18.Conditions for registration as an account information service provider
19.Supplementary provisions
21.Authorised payment institutions, small payment institutions and registered account information service providers acting without permission
PART 3 Authorised Payment Institutions
22.Capital requirements
23.Safeguarding requirements
24.Accounting and statutory audit
25.Outsourcing
26.Application of regulations 27 to 30 to account information service providers
27.Notice of intention
28.Decision following notice of intention
29.Notice of intention from an EEA authorised payment institution
PART 4 Provisions Applicable to Authorised Payment Institutions and Small Payment Institutions
31.Record keeping
33.Payment accounts and sums received for the execution of payment transactions
34.Use of agents
35.Removal of agent from register
PART 5 Requirements for providers of certain services which are not payment services
38.Notification of use of limited network exclusion
39.Notification of use of electronic communications exclusion
PART 6 Information Requirements for Payment Services
41.Application of this Part in the case of consumer credit agreements
42.Disapplication of certain regulations in the case of low-value payment instruments
43.Information required prior to the conclusion of a single payment service contract
44.Information required after the initiation of a payment order
45.Information required after receipt of the payment order
46.Information for the payee after execution
47.Avoidance of duplication of information
48.Prior general information for framework contracts
49.Information during period of contract
50.Changes in contractual information
51.Termination of framework contract
52.Information prior to execution of individual payment transaction
53.Information for the payer on individual payment transactions
54.Information for the payee on individual payment transactions
55.Communication of information
56.Charges for information
57.Currency and currency conversion
58.Information on additional charges or reductions
59.Burden of proof on payment service provider
60.Information requirements for account information service providers
61.Information on ATM withdrawal charges
62.Provision of information leaflet
PART 7 Rights and Obligations in Relation to the Provision of Payment Services
63.Application of Part 7
64.Application of this Part in the case of consumer credit agreements
65.Disapplication of certain regulations in the case of low value payment instruments
66.Charges
67.Consent and withdrawal of consent
68.Confirmation of availability of funds for card-based payment transactions
69.Access to payment accounts for payment initiation services
70.Access to payment accounts for account information services
71.Limits on the use of payment instruments and access to payment accounts
72.Obligations of the payment service user in relation to payment instruments and personalised security credentials
73.Obligations of the payment service provider in relation to payment instruments
74.Notification and rectification of unauthorised or incorrectly executed payment transactions
75.Evidence on authentication and execution of payment transactions
76.Payment service provider’s liability for unauthorised payment transactions
77.Payer or payee’s liability for unauthorised payment transactions
78.Payment transactions where the transaction amount is not known in advance
79.Refunds for payment transactions initiated by or through a payee
80.Requests for refunds for payment transactions initiated by or through a payee
81.Receipt of payment orders
82.Refusal of payment orders
83.Revocation of a payment order
84.Amounts transferred and amounts received
85.Application of regulations 86 to 88
86.Payment transactions to a payment account
87.Absence of payee’s payment account with the payment service provider
88.Cash placed on a payment account
89.Value date and availability of funds
90.Incorrect unique identifiers
91.Non-execution or defective or late execution of payment transactions initiated by the payer
92.Non-execution or defective or late execution of payment transactions initiated by the payee
93.Non-execution or defective or late execution of payment transactions initiated through a payment initiation service
94.Liability of payment service provider for charges and interest
95.Right of recourse
96.Force majeure
97.Consent for use of personal data
98.Management of operational and security risks
99.Incident reporting
100.Authentication
101.Dispute resolution
PART 8 Access to payment systems and bank accounts
102.Application of regulation 103
103.Prohibition on restrictive rules on access to payment systems
104.Indirect access to designated systems
105.Access to bank accounts
PART 9 The Financial Conduct Authority
106.Functions of the FCA
107.Application of this Part to requirements of directly applicable EU regulations and FCA rules
108.Monitoring and enforcement
109.Reporting requirements
110.Public censure
111.Financial penalties
112.Proposal to take disciplinary measures
113.Injunctions
114.Power of FCA to require restitution
115.Proposal to require restitution
116.Restitution orders
117.Complaints
118.Costs of supervision
119.Credit agreements
120.Guidance
121.FCA’s exemption from liability in damages
122.Application and modification of primary and secondary legislation
PART 10 The Payment Systems Regulator
123.Interpretation of Part 10
124.Functions of the Payment Systems Regulator
126.Publication of compliance failures and penalties
127.Penalties
128.Notice of publication of a compliance failure or of imposition of a penalty
129.Injunctions
130.Appeals: general
131.Appeals against directions and publication of compliance failures
132.Appeals in relation to penalties
133.Complaints
134.Guidance
135.Information and investigation
136.Application of other provisions of the 2013 Act
Contracting out of statutory requirements
137.Prohibition on contracting out of statutory requirement
138.Prohibition on provision of payment services by persons other than payment service providers
139.False claims to be a payment service provider or exempt
140.Defences
141.Contravention of regulations 57 and 58
142.Misleading the FCA or the Payment Systems Regulator
143.Restriction on penalties
144.Liability of officers of bodies corporate etc
145.Prosecution of offences
146.Proceedings against unincorporated bodies
147.Duty to co-operate and exchange of information
148.Actions for breach of requirements
149.Saving of Payment Services Regulations 2009
150.Transitional and saving provisions: authorised payment institutions
151.Transitional and saving provisions: small payment institutions
152.Transitional provisions: payments through network operators
153.Transitional and saving provisions: general
154.Transitional provisions: account information services and payment initiation services
155.Application to Gibraltar
156.Amendments to primary and secondary legislation
157.Revocations
158.Review
1.Subject to Part 2, the following, when carried out as...
2.The following do not constitute payment services—
4.Where regulation 23 (safeguarding requirements) applies, a description of the...
6.A description of the applicant’s procedure for monitoring, handling and...
7.A description of the applicant’s process for filing, monitoring, tracking...
8.A description of the applicant’s business continuity arrangements, including a...
9.A description of the principles and definitions used by the...
10.A statement of the applicant’s security policy, including—
11.For an applicant subject to the obligations in relation to...
12.A description of the applicant’s structural organisation, including, where applicable,...
13.In relation to each person holding, directly or indirectly, a...
14.(1) The identity of directors and persons who are or...
15.The identity of the auditors of the applicant, if any....
16.(1) The legal status of the applicant and, where the...
17.The address of the head office of the applicant.
18.For the purposes of paragraphs 4, 5, 6 and 12,...
19.In the case of an applicant which proposes to provide...
1.For the purposes of this Part, “initial capital” comprises one...
2.(1) The amount of initial capital referred to in regulations...
3.The amount of own funds referred to in regulation 22(1)(b)...
Adjustment by the FCA
4.The FCA may direct that an authorised payment institution must...
5.A direction made under paragraph 4 must be on the...
6.The FCA may make a reasonable charge for making an...
7.If an authorised payment institution has not completed a full...
8.(1) “Method A” means the calculation method set out in...
9.(1) “Method B” means the calculation method set out in...
10.(1) “Method C” means the calculation method set out in...
11.Except where this Schedule provides for a different method of...
PART 1 Prohibitions and restrictions
1.Power to prohibit the entry into credit agreements
2.Power to restrict the entry into credit agreements and to withdraw or vary a restriction
PART 2 Procedure and appeals
4.Notice of prohibition or restriction
5.Application to withdraw or vary prohibition or restriction
6.Notice to the home state competent authority
2.The Upper Tribunal
3.FCA rules
4.Information gathering and investigations
5.Control over payment institutions
6.Incoming firms: interventions by the FCA
7.Auditors and actuaries
8.Restriction on disclosure of information
10.Warning notices and decision notices
11.Limitation on power to require documents
12.The Financial Services and Markets Act 2000 (Service of Notices) Regulations 2001
1.Exercise of deemed passport rights by Gibraltar-based firms
2.Exercise by authorised payment institutions of deemed passport rights in Gibraltar
3.Modification of legislation
4.Financial Services (Banking Reform) Act 2013
PART 2 Amendments to the Electronic Money Regulations 2011
5.Electronic Money Regulations 2011
PART 3 Amendments to other secondary legislation
7.Individual Savings Account Regulations 1998
9.Child Trust Funds Regulations 2004
10.Financial Services (Distance Marketing) Regulations 2004
11.Investment Bank Special Administration Regulations 2011
12.Consumer Rights (Payment Surcharges) Regulations 2012
13.Postal Services Act 2011 (Disclosure of Information) Order 2012
14.Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012
15.Payment to Treasury of Penalties (Enforcement Costs) Order 2013
16.Financial Services Act 2012 (Relevant Functions in relation to Complaints Scheme) Order 2014
17.Communications Act 2003 (Disclosure of Information) Order 2014
18.Financial Services and Markets Act 2000 (Excluded Activities and Prohibitions) Order 2014
19.Public Interest Disclosure (Prescribed Persons) Order 2014
20.Enterprise Act 2002 (Part 8 EU Infringements) Order 2014
21.Payment to Treasury of Penalties (Enforcement Costs of the Payment Systems Regulator) Order 2015
22.Mortgage Credit Directive Order 2015
23.Small and Medium Sized Business (Credit Information) Regulations 2015
24.Small and Medium Sized Business (Finance Platforms) Regulations 2015
25.Payment Accounts Regulations 2015
26.Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017