http://www.legislation.gov.uk/uksi/2017/752/regulation/13The Payment Services Regulations 2017texttext/xmlenStatute Law DatabaseFINANCIAL SERVICES AND MARKETS2026-04-28Expert Participation2026-04-28 These Regulations transpose in part Directive 2015/2366/EU of the European Parliament and of the Council of 25th November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No. 1093/2010, and repealing Directive 2007/64/EC (OJ L 337 23.12.2015, p.35) also known as the Revised Payment Services Directive or “PSD2”. The Financial Conduct Authority (“FCA”) is responsible for transposing other parts of PSD2. A transposition note setting out how PSD2 will be transposed into UK law is published with the Explanatory Memorandum to these Regulations on legislation.gov.uk. The Payment Services Regulations 2017RegulationsFinancial Services Act 2021s. 23s. 49(5) PART 2 131An application for registration as a small payment institution must contain, or be accompanied by, such information as the FCA may reasonably require.2An application for the variation of a registration as a small payment institution must—acontain a statement of the proposed variation;bcontain a statement of the payment services which the applicant proposes to carry on if the registration is varied; andccontain, or be accompanied by, such other information as the FCA may reasonably require.3An application under paragraph (1) or (2) must be made in such manner as the FCA may direct.4At any time after receiving an application and before determining it, the FCA may require the applicant to provide it with such further information as it reasonably considers necessary to enable it to determine the application.5Different directions may be given, and different requirements imposed, in relation to different applications or categories of application.