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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
Version 11 of 11

204. Information

(1) The Bank of England may by notice in writing require a person to provide information -

(a) which the Bank thinks will help the Treasury in determining whether to make a recognition order or an order under section 206A, or to specify a person under section 206A(2)(b) or 206A(2A)(b), or

(b) which the Bank otherwise requires in connection with its functions under this Part.

(1A) The Bank of England may by notice in writing require the operator of a recognised payment system, a recognised DSA service provider, or a service provider in relation to such a system or such a DSA service provider to provide information which the Bank requires in connection with the exercise of its functions (whether under this Part or otherwise) in pursuance of its financial stability objective.

(2) In particular, a notice  under subsection (1) or (1A) may require the operator of a recognised payment system, a recognised DSA service provider, or a service provider in relation to such a system or such a DSA service provider to notify the Bank if events of a specified kind occur.