62.—(1) Regulation 147 (duty to co-operate and exchange of information) is amended as follows.
(2) In paragraph (1)—
(a)omit sub-paragraph (a);
(b)for sub-paragraphs (b) to (d) substitute—
“(b)the Bank of England; and
(c)any other public authority exercising functions in the United Kingdom in relation to payment service providers,”;
(c)in the words following sub-paragraph (d), for “under the payment services directive and other relevant EU or national legislation” substitute “under these Regulations and other relevant legislation”.
(3) In paragraph (2)—
(a)in sub-paragraph (a), for “(1)(a), (c) and (d)” substitute “(1)(c)”;
(b)for sub-paragraph (b) substitute—
“(b)the Bank of England when acting in its capacity as a monetary and oversight authority;”;
(c)in the words following sub-paragraph (c), for “the payment services directive and other relevant EU or national legislation” substitute “these Regulations and other relevant legislation”.