Regulation 5 Amendment of the principal Regulations

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.”.