PART 3 Amendment and Revocation of Secondary Legislation

12 Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017
1 The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 are amended as follows.
S.I. 2017/692.
2 In regulation 3(1) (general interpretation), omit the definition of “the capital requirements directive”.
3 In regulation 10 (credit institutions and financial institutions)—
(a) in paragraph (3)(c), omit “Annex 1 to the capital requirements directive as set out in”;
(b) in paragraph (4)(a), omit “Annex 1 to the capital requirements directive as set out in”.
Relevant amendments were made to regulation 10 by S.I. 2019/253.
4 In Schedule 2 (activities listed in points 2 to 12, 14 and 15 of Annex 1 to the Capital Requirements Directive)—
(a) for the heading substitute “Listed Activities”;
(b) omit “listed in points 2 to 12, 14 and 15 of Annex 1 to the Capital Requirements Directive”;
(c) for point 4 substitute—

“Payment service as defined in regulation 2(1) of the Payment Services Regulations 2017.”

;
Regulation 2 was amended by S.I. 2010/2993, S.I. 2013/1881, S.I. 2017/1173, S.I. 2018/1201 and S.I. 2021/1306.
(d) in point 5, omit “insofar as such activity is not covered by point 4”.
5 In paragraph 13 of Schedule 3A (capital markets etc.), omit “Annex 1 to the capital requirements directive as set out in”.
Schedule 3A was inserted by S.I. 2020/991.