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					<dc:identifier>http://www.legislation.gov.uk/ukpga/2009/1/section/190</dc:identifier><dc:title>Banking Act 2009</dc:title><dc:description>An Act to make provision about banking.</dc:description><dc:type>text</dc:type><dc:format>text/xml</dc:format><dc:language>en</dc:language><dc:publisher>Statute Law Database</dc:publisher><dc:modified>2026-02-20</dc:modified><dc:contributor>Expert Participation</dc:contributor><dct:valid>2026-01-19</dct:valid>
					
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					<atom:link rel="http://www.legislation.gov.uk/def/navigation/notes" href="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/notes" title="Explanatory Notes"/><atom:link rel="http://www.legislation.gov.uk/def/navigation/notes/toc" href="http://www.legislation.gov.uk/ukpga/2009/1/notes/contents" title="Explanatory Notes Table of Contents"/>
					
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					<atom:link rel="http://purl.org/dc/terms/tableOfContents" hreflang="en" href="http://www.legislation.gov.uk/ukpga/2009/1/contents" title="Table of Contents"/>
					
					<atom:link rel="http://purl.org/dc/terms/replaces" href="http://www.legislation.gov.uk/ukpga/2009/1/section/190/2017-11-30" title="2017-11-30"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/190/enacted" title="enacted"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/190/2009-12-31" title="2009-12-31"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/190/2017-06-27" title="2017-06-27"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/190/2017-11-30" title="2017-11-30"/><atom:link rel="http://purl.org/dc/terms/hasVersion" href="http://www.legislation.gov.uk/ukpga/2009/1/section/190/2023-08-29" title="2023-08-29"/>
					
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					<ukm:PrimaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="primary"/><ukm:DocumentMainType Value="UnitedKingdomPublicGeneralAct"/><ukm:DocumentStatus Value="revised"/></ukm:DocumentClassification><ukm:Year Value="2009"/><ukm:Number Value="1"/><ukm:EnactmentDate Date="2009-02-12"/><ukm:ISBN Value="9780105450184"/><ukm:UnappliedEffects><ukm:UnappliedEffect AffectedYear="2009" AffectedNumber="1" Row="166" AffectingNumber="21" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2012/21" EffectId="key-7455a3adf89e32b35f6ac8cdf42c31d1" AffectingEffectsExtent="E+W+S+N.I." AffectedProvisions="s. 4(8A) (8B)" AffectedClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-7455a3adf89e32b35f6ac8cdf42c31d1" RequiresApplied="true" Type="inserted" AffectingProvisions="s. 96(3)" AffectingYear="2012" Modified="2024-02-13T13:42:44Z" AffectedExtent="E+W+S+N.I." AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2009/1"><ukm:AffectedTitle>Banking Act 2009</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-4-8A" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/4/8A" FoundRef="section-4">s. 4(8A)</ukm:Section> <ukm:Section Ref="section-4-8B" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/4/8B" FoundRef="section-4">(8B)</ukm:Section></ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2012</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-96-3" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/96/3">s. 96(3)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="schedule-20" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/20">Sch. 20</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-122-3" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/122/3">s. 122(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect><ukm:UnappliedEffect AffectingURI="http://www.legislation.gov.uk/id/ukpga/2012/21" AffectedProvisions="s. 8(2)(d) and word" Row="231" AffectedExtent="E+W+S+N.I." AffectedEffectsExtent="S+A+M+E+A+S+A+F+F+E+C+T+E+D" AffectedClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-d8a63745bbb1439c835cfacc25903209" AffectedYear="2009" AffectingClass="UnitedKingdomPublicGeneralAct" Modified="2024-02-13T13:42:44Z" AffectedNumber="1" RequiresApplied="true" EffectId="key-d8a63745bbb1439c835cfacc25903209" AffectingYear="2012" AffectingNumber="21" AffectedURI="http://www.legislation.gov.uk/id/ukpga/2009/1" AffectingProvisions="s. 96(4)(b)" AffectingEffectsExtent="E+W+S+N.I." Type="inserted"><ukm:AffectedTitle>Banking Act 2009</ukm:AffectedTitle><ukm:AffectedProvisions><ukm:Section Ref="section-8-2-d" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/8/2/d" FoundRef="section-8">s. 8(2)(d)</ukm:Section> and word</ukm:AffectedProvisions><ukm:AffectingTitle>Financial Services Act 2012</ukm:AffectingTitle><ukm:AffectingProvisions><ukm:Section Ref="section-96-4-b" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/96/4/b">s. 96(4)(b)</ukm:Section></ukm:AffectingProvisions><ukm:Savings><ukm:Section Ref="schedule-20" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/schedule/20">Sch. 20</ukm:Section></ukm:Savings><ukm:CommencementAuthority><ukm:Section Ref="section-122-3" URI="http://www.legislation.gov.uk/id/ukpga/2012/21/section/122/3">s. 122(3)</ukm:Section></ukm:CommencementAuthority><ukm:InForceDates><ukm:InForce Applied="false" Prospective="true" Qualification=""/></ukm:InForceDates></ukm:UnappliedEffect></ukm:UnappliedEffects></ukm:PrimaryMetadata>
					

                    
									<ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/notes" DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/notes"/><ukm:Alternatives><ukm:Alternative Date="2009-02-25" URI="http://www.legislation.gov.uk/ukpga/2009/1/pdfs/ukpgaen_20090001_en.pdf" Title="Explanatory Note"/></ukm:Alternatives>       
								</ukm:Notes> 
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				</ukm:Metadata><Primary><Body DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/body" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/body" NumberOfProvisions="470" RestrictExtent="E+W+S+N.I." RestrictStartDate="2026-01-19"><Part DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/5" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/5" NumberOfProvisions="38" id="part-5" RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-08-29"><Number><Strong>Part 5</Strong></Number><Title><CommentaryRef Ref="key-2e568712c058f911951f9ff34916ca00"/>... Payment Systems <Addition ChangeId="key-2d9cb448bdf53caaf9b18cda25f491ec-1695384634469" CommentaryRef="key-2d9cb448bdf53caaf9b18cda25f491ec">and service providers</Addition> </Title><Pblock DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/part/5/crossheading/regulation" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/5/crossheading/regulation" NumberOfProvisions="7" id="part-5-crossheading-regulation" RestrictStartDate="2023-08-29"><Title><Emphasis>Regulation</Emphasis></Title><P1group RestrictExtent="E+W+S+N.I." RestrictStartDate="2023-08-29"><Title>System rules</Title><P1 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190" id="section-190"><Pnumber PuncAfter=""><CommentaryRef Ref="key-c8bf069f4f8bd8aa072cd8dfcd1f5dea"/>190</Pnumber><P1para><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/1" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1" id="section-190-1"><Pnumber>1</Pnumber><P2para><Text>The Bank of England may require the operator of a recognised <CommentaryRef Ref="key-01d5f7980ad5ce237b4349921899a70b"/>... payment system—</Text><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/1/a" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1/a" id="section-190-1-a"><Pnumber>a</Pnumber><P3para><Text>to establish rules for the operation of the system <Addition ChangeId="key-7006aa6f5b01523541eb03d3024f041c-1600198097220" CommentaryRef="key-7006aa6f5b01523541eb03d3024f041c">including the operation of services that form part of the arrangements constituting </Addition><Addition ChangeId="key-7006aa6f5b01523541eb03d3024f041c-1600198097220" CommentaryRef="key-7006aa6f5b01523541eb03d3024f041c"><Addition ChangeId="key-cc3ac155cdb479f4307fa9d9d75aa03e-1695660191999" CommentaryRef="key-cc3ac155cdb479f4307fa9d9d75aa03e">, or connected with,</Addition></Addition><Addition ChangeId="key-7006aa6f5b01523541eb03d3024f041c-1600198097220" CommentaryRef="key-7006aa6f5b01523541eb03d3024f041c">  the system and are provided by a service provider</Addition> <Addition ChangeId="key-c49755085e356c97709e8eda495653e9-1695660265390" CommentaryRef="key-c49755085e356c97709e8eda495653e9">, or a DSA service provider</Addition>;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/1/b" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1/b" id="section-190-1-b"><Pnumber>b</Pnumber><P3para><Text>to change the rules in a specified way or so as to achieve a specified purpose;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/1/c" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1/c" id="section-190-1-c"><Pnumber>c</Pnumber><P3para><Text>to notify the Bank of any proposed change to the rules;</Text></P3para></P3><P3 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/1/d" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1/d" id="section-190-1-d"><Pnumber>d</Pnumber><P3para><Text>not to change the rules without the approval of the Bank.</Text></P3para></P3></P2para></P2><P2 DocumentURI="http://www.legislation.gov.uk/ukpga/2009/1/section/190/2" IdURI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/2" id="section-190-2"><Pnumber>2</Pnumber><P2para><Text>A requirement under subsection (1)(c) or (d) may be general or specific.</Text></P2para></P2></P1para></P1></P1group></Pblock></Part></Body></Primary><Commentaries><Commentary id="key-c8bf069f4f8bd8aa072cd8dfcd1f5dea" Type="I"><Para><Text>S. 190 in force at 31.12.2009  by <Citation URI="http://www.legislation.gov.uk/id/uksi/2009/3000" id="c5nldq6c2-00120" Class="UnitedKingdomStatutoryInstrument" Year="2009" Number="3000" Title="The Banking Act 2009 (Commencement No. 4) Order 2009">S.I. 2009/3000</Citation>, <CitationSubRef CitationRef="c5nldq6c2-00120" id="c5nldq6c2-00121" URI="http://www.legislation.gov.uk/id/uksi/2009/3000/article/4" SectionRef="article-4">art. 4</CitationSubRef>, <CitationSubRef CitationRef="c5nldq6c2-00120" id="c5nldq6c2-00122" URI="http://www.legislation.gov.uk/id/uksi/2009/3000/schedule/paragraph/1" SectionRef="schedule-paragraph-1" Operative="true">Sch. para. 1</CitationSubRef></Text></Para></Commentary><Commentary id="key-2e568712c058f911951f9ff34916ca00" Type="F"><Para><Text>Word in <CitationSubRef id="cwgoxuu43-00006" SectionRef="part-5" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/5">Pt. 5</CitationSubRef> heading omitted (27.6.2017) by virtue of <Citation URI="http://www.legislation.gov.uk/id/ukpga/2017/30" id="cwgoxuu43-00007" Class="UnitedKingdomPublicGeneralAct" Year="2017" Number="30" Title="Digital Economy Act 2017">Digital Economy Act 2017 (c. 30)</Citation>, <CitationSubRef CitationRef="cwgoxuu43-00007" id="cwgoxuu43-00008" SectionRef="section-118-2" URI="http://www.legislation.gov.uk/id/ukpga/2017/30/section/118/2">s. 118(2)</CitationSubRef>, <CitationSubRef CitationRef="cwgoxuu43-00007" id="cwgoxuu43-00009" SectionRef="schedule-9-paragraph-2" URI="http://www.legislation.gov.uk/id/ukpga/2017/30/schedule/9/paragraph/2" Operative="true">Sch. 9 para. 2</CitationSubRef></Text></Para></Commentary><Commentary id="key-01d5f7980ad5ce237b4349921899a70b" Type="F"><Para><Text>Word in s. 190(1) omitted (27.6.2017) by virtue of <Citation URI="http://www.legislation.gov.uk/id/ukpga/2017/30" id="cwgqclfa3-00007" Class="UnitedKingdomPublicGeneralAct" Year="2017" Number="30" Title="Digital Economy Act 2017">Digital Economy Act 2017 (c. 30)</Citation>, <CitationSubRef CitationRef="cwgqclfa3-00007" id="cwgqclfa3-00008" URI="http://www.legislation.gov.uk/id/ukpga/2017/30/section/118/2" SectionRef="section-118-2">s. 118(2)</CitationSubRef>, <CitationSubRef CitationRef="cwgqclfa3-00007" id="cwgqclfa3-00009" URI="http://www.legislation.gov.uk/id/ukpga/2017/30/schedule/9/paragraph/12" SectionRef="schedule-9-paragraph-12" Operative="true">Sch. 9 para. 12</CitationSubRef></Text></Para></Commentary><Commentary id="key-7006aa6f5b01523541eb03d3024f041c" Type="F"><Para><Text>Words in s. 190(1)(a) inserted (30.11.2017) by <Citation URI="http://www.legislation.gov.uk/id/uksi/2017/1167" id="cwqn21ha3-00007" Class="UnitedKingdomStatutoryInstrument" Year="2017" Number="1167" Title="The Banking Act 2009 (Service Providers to Payment Systems) Order 2017">The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167)</Citation>, <CitationSubRef CitationRef="cwqn21ha3-00007" id="cwqn21ha3-00008" URI="http://www.legislation.gov.uk/id/uksi/2017/1167/article/1/2" SectionRef="article-1-2">arts. 1(2)</CitationSubRef>, <CitationSubRef CitationRef="cwqn21ha3-00007" id="cwqn21ha3-00009" URI="http://www.legislation.gov.uk/id/uksi/2017/1167/article/2/10" SectionRef="article-2-10" Operative="true">2(10)</CitationSubRef></Text></Para></Commentary><Commentary id="key-2d9cb448bdf53caaf9b18cda25f491ec" Type="F"><Para><Text>Words in <CitationSubRef id="c4gveno15-00080" SectionRef="part-5" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/part/5">Pt. 5</CitationSubRef> heading inserted (29.8.2023) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2023/29" id="c4gveno15-00081" Class="UnitedKingdomPublicGeneralAct" Year="2023" Number="29" Title="Financial Services and Markets Act 2023">Financial Services and Markets Act 2023 (c. 29)</Citation>, <CitationSubRef CitationRef="c4gveno15-00081" id="c4gveno15-00082" SectionRef="section-86-2-a" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/2/a">s. 86(2)(a)</CitationSubRef>, <CitationSubRef CitationRef="c4gveno15-00081" id="c4gveno15-00083" SectionRef="schedule-6-paragraph-2" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/6/paragraph/2" Operative="true">Sch. 6 para. 2</CitationSubRef></Text></Para></Commentary><Commentary id="key-cc3ac155cdb479f4307fa9d9d75aa03e" Type="F"><Para><Text>Words in <CitationSubRef id="c4lfhabx5-00006" SectionRef="section-190-1-a" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1/a">s. 190(1)(a)</CitationSubRef> inserted (29.8.2023) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2023/29" id="c4lfhabx5-00007" Class="UnitedKingdomPublicGeneralAct" Year="2023" Number="29" Title="Financial Services and Markets Act 2023">Financial Services and Markets Act 2023 (c. 29)</Citation>, <CitationSubRef CitationRef="c4lfhabx5-00007" id="c4lfhabx5-00008" SectionRef="section-86-2-a" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/2/a">s. 86(2)(a)</CitationSubRef>, <CitationSubRef CitationRef="c4lfhabx5-00007" id="c4lfhabx5-00009" SectionRef="schedule-6-paragraph-17-a" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/6/paragraph/17/a" Operative="true">Sch. 6 para. 17(a)</CitationSubRef></Text></Para></Commentary><Commentary id="key-c49755085e356c97709e8eda495653e9" Type="F"><Para><Text>Words in <CitationSubRef id="c4lfhabx5-00015" SectionRef="section-190-1-a" URI="http://www.legislation.gov.uk/id/ukpga/2009/1/section/190/1/a">s. 190(1)(a)</CitationSubRef> inserted (29.8.2023) by <Citation URI="http://www.legislation.gov.uk/id/ukpga/2023/29" id="c4lfhabx5-00016" Class="UnitedKingdomPublicGeneralAct" Year="2023" Number="29" Title="Financial Services and Markets Act 2023">Financial Services and Markets Act 2023 (c. 29)</Citation>, <CitationSubRef CitationRef="c4lfhabx5-00016" id="c4lfhabx5-00017" SectionRef="section-86-2-a" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/section/86/2/a">s. 86(2)(a)</CitationSubRef>, <CitationSubRef CitationRef="c4lfhabx5-00016" id="c4lfhabx5-00018" SectionRef="schedule-6-paragraph-17-b" URI="http://www.legislation.gov.uk/id/ukpga/2023/29/schedule/6/paragraph/17/b" Operative="true">Sch. 6 para. 17(b)</CitationSubRef></Text></Para></Commentary></Commentaries></Legislation>