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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 3 January 2018 - onwards
Version 2 of 2

Regulation 20 Notification of proposed acquisitions

(1) Before a proposed acquirer makes a relevant acquisition in an investment firm, the proposed acquirer shall notify the Bank in writing of the investment firm, indicating the size of the intended holding and the information specified by the Bank.

(2) Before a proposed disponer makes a relevant disposal in an investment firm, the proposed disponer shall notify the Bank in writing, indicating the size of the intended holding.

(3) The Bank may publish from time to time the form of notification to be used for the purpose of making a notification under paragraph (1) or (2) and the form standing so published shall be used for that purpose accordingly.

(4) If a proposed acquirer is -

(a) an investment firm, a credit institution, an insurance undertaking, an assurance undertaking, a reinsurance undertaking or a UCITS management company authorised in a Member State other than the State or in a sector other than that in which the acquisition is proposed,