(1) A UK firm which has exercised an EEA right, deriving from the Solvency 2 Directive, to establish a branch must not make a change in the relevant EEA details (as defined in regulation 14), unless the requirements of paragraph (2) or (if the change is occasioned by circumstances beyond the firm’s control) paragraph (3) have been complied with.
(2) The requirements of this paragraph are that -
(a) the firm has given a notice to the appropriate UK regulator and to the host state regulator stating the details of the proposed change;
(b) the appropriate UK regulator has given the host state regulator a notice under paragraph (5)(a);
(c) the period of one month beginning with the day on which the firm gave the appropriate UK regulator the notice mentioned in sub-paragraph (a) has elapsed; and
(d) either -
(i) a further period of one month has elapsed; or
(ii) the appropriate UK regulator has informed the firm of any consequential changes in the applicable provisions (within the meaning
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