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Version date: 20 July 2022 - onwards
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21 Digital settlement assets

This format of the bill is taken from the text of stage Committee stage published on 23 March 2023 by House of Lords

In Schedule 6, which provides for the regulation of digital settlement assets -

(a) Part 1 extends Part 5 of the Banking Act 2009 (Bank of England oversight of payment systems) to payment systems using digital settlement assets and DSA service providers, and makes consequential provision;

(b) Part 2 extends Part 5 of the Financial Services (Banking Reform) Act 2013 (regulation of payment systems) to payment systems using digital settlement assets.

Comparing proposed amendment...