http://www.legislation.gov.uk/ukpga/2009/1/section/196Banking 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 5<CommentaryRef Ref="key-2e568712c058f911951f9ff34916ca00"/>... Payment Systems <Addition ChangeId="key-2d9cb448bdf53caaf9b18cda25f491ec-1695384634469" CommentaryRef="key-2d9cb448bdf53caaf9b18cda25f491ec">and service providers</Addition> <Emphasis>Enforcement</Emphasis>Compliance failure196In this Part βcompliance failureβ means a failure by the operator of a recognised ... payment system , a recognised DSA service provider , or a service provider in relation to such a system, or such a DSA service provider toβacomply with a code of practice under section 189,bcomply with a requirement under section 190,ccomply with a direction under section 191, ordensure compliance with a requirement under section 195.S. 196 in force at 31.12.2009 by S.I. 2009/3000, art. 4, Sch. para. 2Word in Pt. 5 heading omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 2Word in s. 196 omitted (27.6.2017) by virtue of Digital Economy Act 2017 (c. 30), s. 118(2), Sch. 9 para. 18Words in s. 196 inserted (30.11.2017) by The Banking Act 2009 (Service Providers to Payment Systems) Order 2017 (S.I. 2017/1167), arts. 1(2), 2(16)Words 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. 196 inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 24(a)Words in s. 196 inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(a), Sch. 6 para. 24(b)