2201 ELIGIBILITY FOR MEMBERSHIP
2201/1 The Relevant Euronext Market Undertaking shall determine whether an Applicant which does not already hold Euronext Derivatives Membership or Euronext Securities Membership (as the case may be) satisfies the following criteria:
(i) in respect of an Investment Firm or a Credit Institution, that:
a. it is authorised by the competent authorities of its home Member State to conduct business on the market; and
b. where relevant, it has given appropriate notification to the competent authority concerned that it wishes to take up its EEA Right in the jurisdiction in which the Relevant Euronext Market Undertaking is situated;
(ii) in respect of a Non-MIFID Firm:
a. that it is authorised, or otherwise licensed or permitted by the Competent Authorities or other relevant regulatory authority to conduct business on the market, or can demonstrate that such authorisation, licensing or permission is not required,; and
a. that it is of sufficient good repute ;
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