(1) A person -

(a) to whom regulation 47 applies, and

(b) who satisfies the conditions in regulation 49,

must, as soon as reasonably practicable following the relevant day, notify the FCA that the person is carrying on a regulated activity in the United Kingdom.

(2) For the purposes of paragraph (1), the notification must -

(a) be made in such manner, and

(b) contain, or be accompanied by, such information,

as the FCA may direct.