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The Banking Coordination (Second Council Directive) Regulations 1992

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27.  Section 102 of the Act (register of authorised persons etc.) shall have effect as if it included provision that—

(a)the register kept under that section shall contain an entry in respect of each institution which appears to the Board to be a European institution carrying on home-regulated investment business in the United Kingdom;

(b)the entry in respect of each such institution shall consist of—

(i)information as to the services which the institution holds itself out as able to provide; and

(ii)such other information as the Board may determine;

(c)where it appears to the Board that any person in respect of whom there is an entry in the register by virtue of paragraph (a) above has ceased to be a European institution carrying on home-regulated investment business in the United Kingdom, the Board shall make a note to that effect in the entry together with the reason why the person in question is no longer such an institution; and

(d)an entry in respect of which a note is made by virtue of paragraph (c) above may be removed from the register at the end of such period as the Board thinks fit.

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