Regulation 10 Applications for approval under section 60 by EEA firmsI1
United Kingdom
In section 60 of the Act (applications for approval for persons to perform controlled functions), “the authorised person concerned” includes—
F1an EEA firm with respect to which the F2appropriate UK regulator (within the meaning of the relevant paragraph of Schedule 3) has received a consent notice F3or regulator’s notice under paragraph 13 of Schedule 3 or a regulator’s notice under paragraph 14 of that Schedule, and which will be the authorised person concerned if it qualifies for authorisation under that ScheduleF4; and
an EEA firm which falls within paragraph 5(da) of Schedule 3 which establishes a branch in the United Kingdom.
Annotations
Textual amendments
- F1
Words in reg. 10 renumbered as reg. 10(a) (10.12.2007) by The Reinsurance Directive Regulations 2007 (S.I. 2007/3253), reg. 1(1), Sch. 2(a)(i)
- F2
Words in reg. 10 substituted (10.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) (No. 2) Order 2013 (S.I. 2013/642), arts. 1, 3(i)
- F3
Words in reg. 10 inserted (14.1.2005) by The Insurance Mediation Directive (Miscellaneous Amendments) Regulations 2003 (S.I. 2003/1473), regs. 1(1), 8(4)
- F4
Reg. 10(b) inserted (10.12.2007) by The Reinsurance Directive Regulations 2007 (S.I. 2007/3253), reg. 1(1), Sch. 2(a)(ii)