The Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012
1
Citation and commencement
2
Interpretation
3
Functions of the Authority
4
Monitoring and enforcement
5
Public censure
6
Financial penalties
7
Proposal to take disciplinary measures
8
Injunctions
9
Power of Authority to require restitution
10
Proposal to require restitution
11
Reference to the Upper Tribunal
12
Complaints
13
Compliance by operators of payment systems
14
Costs of supervision
15
Guidance
16
Authority's exemption from liability in damages
17
Exchange of information
18
Civil proceedings
19
Derogations under the 2012 European Regulation
20
Application to Gibraltar
21
Application and modification of primary and secondary legislation
22
Revocation and savings
SCHEDULE
Application and modification of legislation
PART 1
Application and modification of the 2000 Act
1
Disciplinary powers
2
Information gathering and investigations
3
Disciplinary measures
4
Restriction on disclosure of information
5
Warning notices and decision notices
6
Limitation on power to require documents
PART 2
Application and modification of the 2000 Act in respect of the Upper Tribunal
7
Part 9 (hearings and appeals) of the 2000 Act applies...
PART 3
Application and modification of secondary legislation
8
The Financial Services and Markets Act 2000 (Service of Notices) Regulations 2001
9
The Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001
2012 No. 3122

Financial Services And Markets

The Payments in Euro (Credit Transfers and Direct Debits) Regulations 2012
Made
17th December 2012
Laid before Parliament
18th December 2012
Coming into force
15th January 2013
The Treasury are a government department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.
The Treasury, in exercise of the powers conferred by section 2(2) of the European Communities Act 1972, make the following Regulations:
The European Communities (Designation) Order 2012 (S.I. 2012/1759).
1972 c.68; section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3(3) of and Part 1 of the Schedule to the European Union (Amendment) Act 2008 (2008 c.7).
Regulations: power to revoke conferred (31.12.2020) by The Credit Transfers and Direct Debits in Euro (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1199), reg. 15 (as amended by (S.I. 2020/1301), regs. 1, 3, Sch. para. 5(b)) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Regulations: power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 3, 86(3), Sch. 1 Pt. 2; S.I. 2023/779, reg. 2(d)