PART 3Transitional and saving provision

CHAPTER 2Temporary registration

Conditions to be satisfied for regulation 9 to apply11

The conditions are—

a

the person is a body corporate which, immediately before F1IP completion day, is—

i

incorporated under the law of any part of the United Kingdom, and

ii

included within a group of undertakings which comprises a trade repository registered under the European Markets Infrastructure Regulation;

b

the person has—

i

submitted an advance application in accordance with regulation 5, whether or not the application complies with the directions under regulation 5(2)(b), and

ii

not been notified by the FCA of its decision in respect of the application in accordance with regulation 7(4).