UK GDPR and Data Protection Act 2018: Primary data protection legislation governing how personal and financial information can be shared and processed in the UK
Financial Services and Markets Act 2000: Key legislation regulating banking services and financial institutions in the UK, including requirements for authorization and regulation of financial activities
Payment Services Regulations 2017: Regulations governing payment services, electronic money, and payment service providers in the UK
Money Laundering Regulations 2017: Regulations setting requirements for bank account verification, customer due diligence, and anti-money laundering procedures
Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of crime, affecting how financial institutions handle account verification
FCA Regulations: Financial Conduct Authority regulations establishing standards for banking operations and customer verification
PRA Requirements: Prudential Regulation Authority requirements governing banking operations and risk management
Common Law Contract Principles: Fundamental principles of contract formation under English common law applicable to authorization letters
Law of Agency Principles: Legal principles governing the relationship between principal and agent in authorization contexts
