The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 No. 701

PART 2 U.K. Exempt and third-country investment firms

CHAPTER 2 U.K. Third country investment firms

Third country firms: provision of services to eligible counterparties or clients considered to be professionals U.K.

13.  A third country firm is not to be regarded as carrying on a regulated activity if it carries on the activity in the course of exercising rights under the third paragraph of Article 46.5 (general provisions) of the markets in financial instruments regulation.