Should passport notifications made before the entry into application of MiFID II, still be valid after 3 January 2018 or will firms need to make new passport notifications to the competent authorities of their Member State?

Answer 2

Passport notifications made before the entry into application of MiFID II should still be valid after 3 January 2018. Firms will therefore not need to make new passport notifications to the competent authorities of their Member State.

Firms will however be required to give written notice to the competent authority of the home Member State in case of the change in any of the particulars previously communicated. The competent authority of the home Member State shall inform the competent authority of the host Member State of that change.