Regulation 13B
Prescribed licensee in respect of prescribed payment service under section 23(1)(c) of Act
of Payment Services Regulations 2019
Subsidiary LegislationIn forceProvision 14 of 47
Regulation 13B
For the purposes of section 23(1)(c) of the Act —
(a)
every standard payment institution that carries on a business of providing a digital payment token service is a prescribed licensee; and
(b)
a digital payment token service is a prescribed payment service.