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The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001

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UK insurance firms: changes to relevant UK details of branches

15.—(1) A UK firm which has exercised an EEA right, deriving from any of the insurance directives, to establish a branch must not make a change falling within paragraph (2) with respect to the branch, unless—

(a)the firm has given a notice to the Authority stating the details of the proposed change at least one month before the change is effected; or

(b)if the change is occasioned by circumstances beyond the firm’s control, the firm has as soon as practicable (whether before or after the change) given a notice to the Authority stating the details of the change.

(2) A change falls within this paragraph if it is a change in any of the information which the UK firm was required to provide to the Authority by or under paragraph 19(2) of Schedule 3, other than a change in the relevant EEA details referred to in regulation 13.

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