(1) An investment firm intending to establish a branch in another Member State (the host Member State) shall communicate to the Bank the following information:
(a) the firm's intention to establish a Branch in the host Member State;
(b) the firms proposed programme of operations in the host Member State, stating in particular -
(i) the investment services and ancillary services that the firm intends to provide,
(ii) the organisational structure of the branch, and
(iii) whether the branch intends to use tied agents in the other Member State and, if that is the intent, the identity of the agents;
(c) the address in the host Member State from which documents may be obtained;
(d) the names of those responsible for the management of the branch.
(2) Where an investment firm uses a tied agent established in a Member State outside the State, the tied agent -
(a) shall be assimilated to the branch, and
(b) is subject to the provisions of these Regulations relating to branches.
(3) Unless t