- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
34.—(1) An electronic money institution may provide payment services in the United Kingdom through an agent only if the agent is included on the register.
(2) An authorised electronic money institution may provide payment services in the exercise of its passport rights through an agent only if the agent is included on the register.
(3) An application for an agent to be included on the register must—
(a)contain, or be accompanied by, the following information—
(i)the name and address of the agent;
(ii)where relevant, a description of the internal control mechanisms that will be used by the agent—
(aa)in the case of an agent in the United Kingdom, to comply with the Money Laundering Regulations 2007; and
(bb)in the case of an EEA agent, to comply with provisions of the money laundering directive; and
(iii)the identity of the directors and persons responsible for the management of the agent and evidence that they are fit and proper persons; and
(iv)such other information as the Authority may reasonably require; and
(b)be made in such manner as the Authority may direct.
(4) Different directions may be given, and different requirements imposed, in relation to different applications or categories of application.
(5) At any time after receiving an application and before determining it, the Authority may require the applicant to provide it with such further information as it reasonably considers necessary to enable it to determine the application.
(6) The Authority may refuse to include the agent on the register only if—
(a)it has not received the information referred to in paragraph (3)(a), or is not satisfied that such information is correct;
(b)it is not satisfied that the directors and persons responsible for the management of the agent are fit and proper persons;
(c)it has reasonable grounds to suspect that, in connection with the provision of services through the agent—
(i)money laundering or terrorist financing within the meaning of the money laundering directive (or, in the United Kingdom, the Money Laundering Regulations 2007) is taking place, has taken place, or has been attempted; or
(ii)the risk of such activities taking place would be increased.
(7) Where—
(a)an authorised electronic money institution intends to provide payment services through an EEA agent; and
(b)the Authority proposes to include the EEA agent on the register,
the Authority must inform the host state competent authority and take account of its opinion (if provided within such reasonable period as the Authority specifies) on any of the matters referred to in paragraph (6)(b) or (c).
(8) The Authority must decide whether to include the agent on the register within a reasonable period of it having received a completed application.
(9) If the Authority proposes to refuse to include the agent on the register, it must give the applicant a warning notice.
(10) The Authority must, having considered any representations made in response to the warning notice—
(a)if it decides not to include the agent on the register, give the applicant a decision notice; or
(b)if it decides to include the agent on the register, give the applicant notice of its decision, stating the date on which the registration takes effect.
(11) If the Authority decides not to include the agent on the register the applicant may refer the matter to the Upper Tribunal.
(12) If the Authority decides to include the agent on the register, it must update the register as soon as practicable.
(13) An application under paragraph (3) may be combined with an application under regulation 5 or 12, in which case the application must be determined in the manner set out in regulation 9 (if relevant, as applied by regulation 15).
(14) An electronic money institution must ensure that an agent acting on its behalf informs payment service users of the agency arrangement.
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Mae Memoranda Esboniadol yn nodi datganiad byr o ddiben Offeryn Statudol ac yn rhoi gwybodaeth am ei amcan polisi a goblygiadau polisi. Maent yn ceisio gwneud yr Offeryn Statudol yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol, ac maent yn cyd-fynd ag unrhyw Offeryn Statudol neu Offeryn Statudol Drafft a gyflwynwyd ger bron y Senedd o Fehefin 2004 ymlaen.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys