Schedule 2: Transitional amendments Part 6 – Amendments relating to critical third parties Paragraphs 52 to 72: Consequential amendments relating to critical third parties
Because electronic money institutions (EMIs) as well as authorised payment institutions, small payment institutions and registered account information services providers can be designated as critical third parties (CTPs) and thus subject to the new Part of FSMA 2000, this Schedule makes consequential changes to the Electronic Money Regulations 2011 and the Payment Services Regulations 2017 to accommodate the new CTP regulatory regime.