Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 6 August 2021 - onwards
  Version 3 of 3    

Regulation 27 Establishment of branch in another Member State

(1) Every management company wishing to establish a branch within the territory of another Member State shall be required to notify the Bank and to provide the following information and documents when effecting the notification:

(a) the Member State within the territory of which the management company plans to establish a branch;

(b) a programme of operations setting out the activities and services envisaged and the proposed organisational structure of the branch;

(c) a description of the risk management process put in place by the management company, including a description of the procedures and arrangements taken in accordance with Regulation 25;

(d) the address of the management company in the management company's host Member State from which documents may be obtained; and

(e) the names of those responsible for the management of the branch.

(2)

(a) Unless the Bank has reason to doubt the adequacy of the administrative structure or the financial situation of a management company, tak

Comparing proposed amendment...