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

Regulation 49 Obligation to provide information to Bank etc.

A third-country firm intending to obtain authorisation for the provision of any investment services or the performance of investment activities, with or without any ancillary services, in the State through a branch shall provide the Bank with the following -

(a) the name of the authority responsible for its supervision in the third country concerned and, if more than one authority is responsible for supervision, the details of the respective areas of competence,

(b) all relevant details of the third-country firm (including its name, legal form and registered office and address, the members of the management body, and the shareholders who hold a qualifying holding in the firm) and a programme of operations setting out the investment services and activities, as well as the ancillary services, to be provided and the organisational structure of the branch, including a description of any outsourcing to third parties of essential operating functions,

(c) the name of the persons responsible for the management of the branch and the relevant documents to demonstrate compliance with the requirements of Regulations 76 and 79 of the European Union (Capital Requirements) Regulations 2014, and