On Feb. 4, UK Treasury amended e-money insolvency Scotland rules.
UK Treasury issued The payment and electronic money institution insolvency (Scotland) (amendment) rules 2025 (StIn 2025/110), correct minor errors in Payment and electronic money institution insolvency (Scotland) rules 2022 (StIn 2022/1239).
Including those identified by the JCSI in its twenty-sixth report of session 2022-23.
Follows UK Treasury Nov. 2022 issued insolvency of Scottish firms rules, see #154784.
Amendments
Amends the 2022 rules to improve the structure which will provide clarity to readers.
The instrument also makes some minor changes to the contents of notices requiring statement of affairs to be delivered by the administrator under rule 16 of 2022 rules.
