Section 62(1)

The FCA is the transfer of funds supervisory authority for payment service providers, who are— authorised persons; authorised payment institutions under the Payment Services Regulations 2017 which are not included in the register maintained by the Commissioners under regulation 54(2); registered small payment institutions under the Payment Services Regulations 2017 which are not included in the register maintained by the Commissioners under regulation 54(2); authorised electronic money institutions under the Electronic Money Regulations 2011 ; or registered small electronic money institutions under the Electronic Money Regulations 2011.

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Source: legislation.gov.uk · retrieved 2026-09-04 · Text as consolidated on 2026-06-30; changes after this date are not shown.