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

Regulation 4B Limitation on exempt investment firms

Revoked from 3 January 2018

An exempt investment firm has no entitlement -

(a) to establish a branch by making use of the procedures in paragraph 19 of Schedule 3, or

(b) to provide any service by making use of the procedures in paragraph 20 of Schedule 3,

in a case where the entitlement of the firm to do so would, but for this regulation, derive from the markets in financial instruments directive.

Comparing proposed amendment...