(1) An investment firm intending to -
(a) provide investment services or ancillary service in another Member State for the first time, or
(b) change the range of services the firm provides within the other Member State,
shall communicate to the Bank the following information:
(i) the firm's intention to operate in the other Member State;
(ii) the firm's proposed programme of operations, stating in particular the investment services and ancillary services that the investment firm intends to provide and whether it intends to use tied agents in the State, and if that is its intent, the identity of the tied agents.
(2) Where an investment firm, under paragraph (1), communicates to the Bank the intention to use tied agents in the other Member State referred to in that paragraph, the Bank, at the request of the competent authority of the other Member State and within a reasonable period, shall communicate to the other Member State the identity of the tied agents.