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

Regulation 126 Application of this Part to investment firms with branches in the State

Revoked from 3 January 2018

(1) Regulations 76 to 101, 106, 108, 112, 114, 119, 151 and 154 apply to and in respect of an investment firm that has established a branch in the State.

(2) In monitoring and enforcing compliance with Regulations 76 to 101, 106, 108, 112, 114, 119, 151 and 154 by an investment firm that has a branch in the State, the Bank -

(a) has the same powers, duties and responsibilities under this Part as it has in relation to an investment firm, and

(b) without limiting the generality of paragraph (a), has the right -

(i) to examine branch arrangements, and

(ii) to request any changes as are strictly needed to enable the Bank to enforce Regulations 76 to 101, 106, 108, 112, 114, 119, 151 and 154 with respect to the services the investment firm provides in the State through the branch.

(3) Where a Member State investment firm has a branch in the State, the competent authority of the other Member State, in the exercise of its responsibilities and after informing the Bank, may carry out on-si

Comparing proposed amendment...