SUP 13.5 Notices of intention

A UK firm wishing to establish a branch in a particular EEA State for the first time under an EEA right must include in its notice of intention given to the FSA:

1. (1)
   1. (a)

      the information specified in SUP 13 Annex 1; and2

   2. (b)

      if the UK firm is passporting under the Insurance Directives, the information specified in SUP 13 Annex 2; or 2

2. (2)

   if the UK firm is passporting under the Insurance Mediation Directive, only a statement that it intends to carry on insurance mediation in the State by establishing a branch.2

A UK firm wishing to provide cross border services into a particular EEA State for the first time under an EEA right must include, in its notice of intention given to the FSA:

1. (1)

   if the UK firm is passporting under the Investment Services Directive or the Insurance Directives, the information specified in SUP 13 Annex 3;

2. (2)

   if the UK firm is passporting under the Banking Consolidation Directive, the activities which it intends to carry on.

3. (3)

   if the UK firm is passporting under the Insurance Mediation Directive, only a statement that it intends to carry on insurance mediation in that State by provision of cross border services.2

1. (1)

   The notice of intention under SUP 13.5.1 R and SUP 13.5.2 R must be:

   1. (a)

      given to a member of, or addressed for the attention of, the Authorisation and Approvals Department (Authorisation teams), if submitted with an application for Part IV permission, or the Passport Notifications Unit in any other circumstances; and

   2. (b)

      delivered to the FSA by one of the methods in (2).

2. (2)

   The notice of intention may be delivered by:

   1. (a)

      post to the address in (3); or

   2. (b)

      leaving the application at the address in (3) and obtaining a time-stamped receipt; or

   3. (c)

      hand delivery to a member of the Authorisation and Approvals Department (Authorisation teams) (if submitted with an application for Part IV permission) or to the Passport Notification Unit;

   4. (d)

      electronic mail to the address in (4) if not submitted with an application for Part IV Permission and obtaining an electronic confirmation of receipt;

   5. (e)

      fax to the Passport Notifications Unit on 020 7066 xxxx (if not submitted with an application for Part IV Permission) provided that the FSA receives a copy by one of the methods (a) to (d) above within five business days after the date of the faxed notification.

3. (3)

   The address for notices of intention is: The Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS.

4. (4)

   Email: passport.notifications@fsa.gov.uk1