http://www.legislation.gov.uk/ukpga/2009/1/section/206FBanking 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) PART 5A206F1In this Part—“FCA” means the Financial Conduct Authority;“FCA-regulated person” means—a person who has Part 4A permission,an authorised payment institution or small payment institution, within the meaning of the Payment Services Regulations 2017 (S.I. 2017/752), oran authorised electronic money institution or small electronic money institution, within the meaning of the Electronic Money Regulations 2011 (S.I. 2011/99);“Part 4A permission” has the meaning given by section 55A of the Financial Services and Markets Act 2000;“the Payment Systems Regulator” means the Payment Systems Regulator established under section 40 of the Financial Services (Banking Reform) Act 2013;“PRA” means the Prudential Regulation Authority;“PRA-regulated activity” has the meaning given by section 22A of the Financial Services and Markets Act 2000;“the UK financial system” has the meaning given by section 1I of the Financial Services and Markets Act 2000.2For the purposes of this Part, a company (within the meaning of the Companies Act 2006) is wholly owned by the Crown if, and only if, every member of the company is—aa Minister of the Crown, government department or company wholly owned by the Crown, orba person acting on behalf of a Minister of the Crown, government department or company wholly owned by the Crown.Pt. 5A inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(2)(d), Sch. 9 para. 1