Payment Services Regulations 2017: Primary UK legislation implementing PSD2, governing payment services including direct deposits, setting out rights and obligations of payment service providers and users
Financial Services and Markets Act 2000: Core financial services legislation establishing regulatory framework and FCA authority over financial institutions and payment services
Data Protection Act 2018: UK implementation of GDPR, governing how personal data must be handled, stored, and processed in financial transactions
Consumer Rights Act 2015: Legislation protecting consumer rights in financial services, relevant when direct deposit agreements involve individual consumers
FCA Regulations: Regulatory requirements set by the Financial Conduct Authority for payment services and direct deposit arrangements
Bank of England Regulations: Central bank regulations affecting payment systems and settlement arrangements
BACS Rules: Specific rules and guidelines governing the Bankers' Automated Clearing Services system for direct deposits
Direct Debit Scheme Rules: Specific rules governing the UK Direct Debit payment system and participant obligations
SEPA Regulations: Regulations governing Single Euro Payments Area transactions, relevant for Euro-denominated direct deposits
Electronic Money Regulations 2011: Legislation governing electronic money institutions and electronic payment systems
Anti-Money Laundering Regulations: Requirements for preventing money laundering through payment systems and direct deposit arrangements
Counter-Terrorist Financing Regulations: Requirements for preventing terrorist financing through payment systems and financial transactions
Electronic Communications Act 2000: Legislation governing electronic signatures and electronic communications in financial agreements
Banking Code of Practice: Industry standards and best practices for banking services including direct deposit arrangements
