(1) Authorised payment institutions and small payment institutions may not provide payment services in the United Kingdom through an agent unless the agent is included on the register.
(2) Authorised payment institutions may not provide payment services in the exercise of their passport rights through an EEA agent unless the agent is included on the register.
(3) An application for an agent to be included on the register must -
(a) contain, or be accompanied by, the following information -
(i) the name and address of the agent;
(ii) where relevant, a description of the internal control mechanisms that will be used by the agent -
(aa) in the case of an agent in the United Kingdom, to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017; and
(bb) in the case of an EEA agent, to comply with provisions of the money laundering directive; and
(iii) the identity of the directors and persons responsible for the management