Regulation 8 EEA firms ceasing to carry on regulated activities in the United KingdomI1
United Kingdom
Where an EEA firm which is qualified for authorisation under Schedule 3—
(a)
has ceased, or is to cease to carry on regulated activities in the United Kingdom, and
(b)
gives notice of that fact F1to—
(i)
in relation to an EEA firm which is a PRA-authorised person, the PRA;
(ii)
in any other case, the FCA,
the notice is to be treated as a request for cancellation of the firm’s qualification for authorisation under Schedule 3 (and hence as a request under section 34(2) of the Act).
Annotations
Textual amendments
- F1
Words in reg. 8 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(g)