Financial Services and Markets Act 2000: Primary legislation governing financial services regulation in the UK, establishing regulatory framework for banking services and financial institutions
Banking Act 2009: Legislation providing framework for bank regulation and oversight, including provisions for authorized persons and banking operations
Payment Services Regulations 2017: Regulations governing payment services, including requirements for authorized signatories and account management
Companies Act 2006: Key legislation governing company operations, including provisions about company officers and their authority to act on behalf of the company
Company Directors Disqualification Act 1986: Legislation concerning the disqualification of company directors, relevant for verifying eligibility of authorized persons
Money Laundering Regulations 2017: Regulations requiring customer due diligence and verification when changing authorized persons on bank accounts
Proceeds of Crime Act 2002: Legislation dealing with money laundering and financial crime, relevant for verification requirements in banking transactions
UK General Data Protection Regulation: Regulation governing the processing and protection of personal data, including requirements for handling information about new and existing authorized persons
Data Protection Act 2018: UK's implementation of data protection requirements, governing how personal information must be handled in banking transactions
FCA Customer Due Diligence Guidelines: Financial Conduct Authority guidelines specifying requirements for verifying identity and authority of new authorized persons
JMLSG Guidance: Joint Money Laundering Steering Group guidance providing detailed requirements for customer verification and anti-money laundering procedures
Common Law Agency Principles: Legal principles governing authority and agency relationships, fundamental to changing authorized persons on bank accounts
