Section 23(3)

The provision that may be made by regulations under this section includes provision— applying legislation relating to the regulation of electronic money and payments to digital settlement assets (subject to whatever modifications the Treasury consider appropriate); applying legislation relating to insolvency arrangements and interactions between different arrangements to the systems and providers mentioned in subsection (1) (subject to whatever modifications the Treasury consider appropriate); conferring powers on the Treasury (including a power to legislate); conferring powers, or imposing duties, on a relevant regulator (including a power to make rules or other instruments); about fees or other charges payable to a relevant regulator; about recognition orders and recognition criteria in Part 5 of the Banking Act 2009; about the enforcement of obligations arising under or by virtue of the regulations; about appeals in respect of decisions made under or by virtue of the regulations; about the sharing of information.

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