Section 195(1)

The Bank of England may require the operator of a recognised ... payment system to appoint an expert to report on the operation of the system ; ... a service provider in relation to a recognised payment system to appoint an expert to report on the provision of services to the system. a recognised DSA service provider to appoint an expert to report on the provision of services to payment systems (whether or not recognised), or a service provider in relation to a recognised DSA service provider to appoint an expert to report on the provision of services to the DSA service provider.

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Source: legislation.gov.uk · retrieved 2026-09-04