http://www.legislation.gov.uk/ukpga/2009/1/section/185ABanking Act 2009An Act to make provision about banking.texttext/xmlenStatute Law Database2026-02-20Expert Participation2026-01-19 Banking Act 2009s. 4(8A) (8B)Financial Services Act 2012s. 96(3)Sch. 20s. 122(3)Banking Act 2009s. 8(2)(d) and wordFinancial Services Act 2012s. 96(4)(b)Sch. 20s. 122(3)Banking Act 2009s. 3(5)The Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026reg. 19(4)reg. 1(2) Part 5185A1The Treasury may make a recognition order in respect of a DSA service provider only if satisfied that any deficiencies in the services provided by the service provider, or any disruption to the provision of those services, would be likely—ato threaten the stability of, or confidence in, the UK financial system, orbto have serious consequences for business or other interests throughout the United Kingdom.2In considering whether to specify a DSA service provider the Treasury must have regard to—athe value of the services in relation to payment systems that the DSA service provider presently provides or is likely to provide in the future,bthe nature of the services in relation to payment systems that the DSA service provider provides,cwhether those services or their equivalent could be provided by others, anddthe relationship between the DSA service provider and—ioperators of payment systems that use digital settlement assets, andiiother DSA service providers.Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2S. 185A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 11Words in Pt. 5 heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 2Words in s. 184 cross-heading inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 6