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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 4 of 4

Regulation 43 Evaluation

(1) The Authority must gather information on the following, and supply it to the Treasury on or before 18th July 2020 and at least every 2 years after that date:

(a) compliance by payment service providers with regulations 6 to 11;

(b) [deleted]

(c) the number of payment accounts that have been switched;

(d) the proportion of applications for switching that have been refused;

(e) the number of credit institutions offering payment accounts with basic features;

(f) the number of payment accounts with basic features that have been opened; and

(g) the proportion of applications for payment accounts with basic features that have been refused.

(2) [deleted]