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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
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Regulation 16 Obligations on payment service providers

(1) In Article 4, in paragraph 5 -

(a) for "Article 13 of Directive (EU) 2015/849" substitute "regulation 28 of the 2017 Regulations";

(b) for "Article 40 of that Directive" substitute "regulation 40 of those Regulations";

(c) for "Article 14(5) of Directive (EU) 2015/849" substitute "regulation 27(8) of the 2017 Regulations".

(2) In Article 5, in paragraph 1, for "Union" substitute "United Kingdom or Gibraltar";

(3) In Article 6, in paragraphs 1 and 2, for "Union" substitute "United Kingdom or Gibraltar";

(4) In Article 7 -

(a) in paragraph 2, for "Union", each time it occurs, substitute "United Kingdom or Gibraltar";

(b) in paragraph 3, for "Articles 69 and 70 of Directive 2007/64/EC" substitute "regulations 52 and 53 of the Payment Services Regulations 2017";

(c) in paragraph 5 -

(i) for "Article 13 of Directive (EU) 2015/849" substitute "regulation 28 of the 2017 Regulations";

(ii) for "Article 40 of that Directive" substitute "regulation 40 of those Regulations";

(iii) for "Articl

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