Foreword

This PAS is published by BSI Standards Limited, under licence from The British Standards Institution, and came into effect on 7 November 2018.

This PAS was sponsored by the Fintech Delivery Panel (FDP). Its development was facilitated by BSI Standards Limited and it was published under license from the British Standards Institution.

Acknowledgment is given to Matt James (Royal Bank of Scotland), as the Technical Author of this PAS, and the following organizations that were involved in the development of this PAS as members of the steering group:

• Barclays
• HSBC
• The ID Co.
• Innovate Finance
• IWOCA
• Lloyds Banking Group
• Market Invoice
• NatWest and the Royal Bank of Scotland
• Santander
• Tech Nation

The following funders of this PAS are also acknowledged:

• Barclays
• HSBC
• Lloyds Banking Group
• NatWest and the Royal Bank of Scotland
• Santander

Acknowledgement is also given to the members of a wider review panel who were consulted in the development of this PAS, and to the wider FDP who also supported its development.

The British Standards Institution retains ownership and copyright of this PAS. BSI Standards Limited as the publisher of the PAS reserves the right to withdraw or amend this PAS on receipt of authoritative advice that it is appropriate to do so. This PAS will be reviewed at intervals not exceeding two years, and any amendments arising from the review will be published as an amended PAS and publicized in Update Standards.

This PAS is not to be regarded as a British Standard. It will be withdrawn upon publication of its content in, or as, a British Standard.

The PAS process enables a guide to be rapidly developed in order to fulfil an immediate need in industry. A PAS can be considered for further development as a British Standard, or constitute part of the UK input into the development of a European or International Standard.

Regulation and compliance

IMPORTANT: The information contained in this document is for general guidance only. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, there may be delays, omissions or inaccuracies in information contained in this document.

Accordingly, the information in this document is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers.

Amendments/corrigenda issued since publication

Date	Text affected

Sources of UK regulatory guidance:

• HM Treasury (HMT): www.gov.uk/government/organisations/hm-treasury
• Bank of England (BoE): www.bankofengland.co.uk/prudential-regulation
• Prudential Regulation Authority (PRA): www.prarulebook.co.uk
• Financial Conduct Authority (FCA): www.fca.org.uk
• EU General Data Protection Regulation (GDPR): www.eugdpr.org
• Competition & Markets Authority (CMA): https://www.gov.uk/government/organisations/competition-and-markets-authority
• Ring-fencing: https://www.gov.uk/government/publications/ring-fencing-information/ring-fencing-information
• The Computer Misuse Act (1990): https://www.legislation.gov.uk/ukpga/1990/18/contents

See also Annex B for further support.

NOTE Some financial institutions will operate in a variety of countries and as such the regulatory requirements of those jurisdictions will also become relevant.

PAS 201:2018

Supporting fintechs in engaging with financial institutions. Guide

Published:

30 Nov 2018

Withdrawn:

24 Jul 2024