The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013

The Transfer of Funds (Information on the Payer) Regulations 2007

This section has no associated Explanatory Memorandum

131.  In the Transfer of Funds (Information on the Payer) Regulations 2007(1)—

(a)in regulation 1(2), for “Authority” substitute “FCA”;

(b)in regulation 2(1), in the definition of “the Authority”, for “Financial Services Authority” substitute “Financial Conduct Authority”;

(c)in regulation 4(4) (duties of supervisory authorities) for “Schedule 1 to the 2000 Act (the Financial Services Authority)” substitute “Schedule 1ZA to the 2000 Act (the Financial Conduct Authority)”;

(d)in Schedule 2 (modifications in relation to appeals), for paragraph 1(b) substitute—

(b)omit subsections (1) and (5); and.