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ATCS 1.2 Application

Who?

ATCS 1.2.1R

1This sourcebook applies to:

  1. (1)

    a designated firm; and

  2. (2)

    a designated coordination body.

What?

ATCS 1.2.2G
  1. (1)

    1This sourcebook applies as described in its rules.

  2. (2)

    The rules in this sourcebook are made under the FCA’s powers in section 131V (as well as section 137T, as applied by section 131V, and section 138D) of the Act. GEN 2.2.17R is accordingly not applicable.

Where?

ATCS 1.2.3R

1Where rules in this sourcebook require a designated person to do or refrain from doing anything, the designated person is required to do or refrain from doing that thing in relation to:

  1. (1)

    the UK, if it is designated by the Treasury pursuant to section 131R of the Act in relation to the whole of the UK; or

  2. (2)

    the part of the UK in relation to which it is designated by the Treasury pursuant to section 131R of the Act.

ATCS 1.2.4G

1ATCS 1.2.3R applies to the entire ATCS sourcebook. This means that where a designated firm is designated in relation to only part of the UK, it will not, for example, be required by any rules in the sourcebook to:

  1. (1)

    make any notifications in relation to areas outside that part;

  2. (2)

    undertake cash access assessments for areas outside that part;

  3. (3)

    provide required cash access services outside that part; or

  4. (4)

    publish any information for areas outside that part.

ATCS 1.2.5R

1Where rules in this sourcebook require a designated person to give notification of a matter to another designated person, the notification must be given to a designated person who is designated by the Treasury pursuant to section 131R of the Act in relation to the part of the UK to which the matter relates.

ATCS 1.2.6G

1The effect of ATCS 1.2.5R is that where, for example, a designated firm is required to give notification under ATCS 2.1.1R of a relevant closure of one of its cash access facilities in Great Britain to another designated person, it must give that notification to a designated person who is designated in relation to the UK or Great Britain.

ATCS 1.2.7R

1Where rules in this sourcebook permit a designated coordination body to take an action required by the rules for its participating designated firms, the body may only take such action if it relates to a part of the UK in relation to which it is designated by the Treasury pursuant to section 131R of the Act.