Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017U.K.

15.  In regulation 9 (third country firms with an EEA branch: provision of services)—

(a)in paragraph (3) for “(5) and (6)” substitute “(4) and (5)”;

(b)in paragraph (4) after “in which” insert “the relevant branch of”;

(c)in paragraph (5)—

(i)in the opening words after “(EEA passport rights)” insert “to the Act”;

(ii)in the opening words of sub-paragraph (a) before “branch” insert “relevant”; and

(iii)in sub-paragraph (b) before “branch’s” insert “relevant”.

(d)after paragraph (6) insert—

(7) For the purposes of this regulation the relevant branch of a third country firm with an EEA branch is the branch mentioned in paragraph (b) of the definition of “third country firm with an EEA branch” in regulation 15 (interpretation)..

Commencement Information

I1Reg. 15 in force at 2.1.2018, see reg. 2(a)