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The Investment Services Regulations 1995
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44.—(1) Paragraph 4 of Schedule 7 to the Act(1) (qualifications of designated agency) shall have effect as if any reference to authorised persons included a reference to European investment firms carrying on home-regulated investment business in the United Kingdom.
(2) Paragraph 5 of that Schedule shall have effect as if it included provision that, for the purposes of complying with the Investment Services Directive, the agency must be able and willing to co-operate, by the sharing of information and otherwise, with supervisory authorities in other EEA States.
(1)
Schedule 7 has been amended by sections 204 and 206 of, and Schedule 23 to, the Companies Act 1989.
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