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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 3 December 2015 - onwards
Version 7 of 7

Regulation 3 Persons who may elect to participate

(1) For the purposes of section 214(5) of the Act (persons who may elect to participate), the following categories are prescribed -

(a) any investment firm or relevant management company which has established a branch in the United Kingdom in exercise of an EEA right and is a member of a home State investor-compensation scheme which meets the condition in paragraph (2);

(b) any credit institution which has established a branch in the United Kingdom in exercise of an EEA right and is a member of a home State deposit-guarantee scheme which meets the condition in paragraph (3);

(c) any insurance intermediary which is not an investment firm or a credit institution;

(d) any relevant AIFM which has established a branch in the United Kingdom in exercise of an EEA right to the extent that it -