Amendment of the principal Regulations

5.  In regulation 3—

(a) in paragraph (2)—

(i) for “In” substitute “Subject to paragraph (2ZA), in”;

(ii) at the end of sub-paragraph (a) omit “and”;

(iii) after sub-paragraph (b) insert—

“; and

(c) a statement of whether the firm intends to use a tied agent to provide services in the United Kingdom”;

(b) after paragraph (2) insert—

“(2ZA) In the case of an investment firm exercising the right under Article 31.5 of the markets in financial instruments directive, the prescribed information is—

(a) a statement that the firm is an investment firm; and

(b) a statement that the firm intends to exercise that right in the United Kingdom.”.