Section 17

The Treasury may by regulations amend section 98 of the Financial Services (Banking Reform) Act 2013 (payment systems: duty of the FCA and other regulators to ensure co-ordinated exercise of relevant functions) by— amending the definition of “relevant functions” so as to add or remove a function conferred on the FCA by regulations under this Part, and amending the definition of “objectives” so as to add or remove an objective of the FCA relevant to such a function.

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