SUP 15.1 Application
Who?
This chapter applies to every firm except that:
- (1)
only SUP 15.10 applies to2 an ICVC or a UCITS qualifier; and3
- (2)
SUP 15.3.22 D to SUP 15.3.25 D apply only to the Society.3
The application of this chapter to an incoming EEA firm or an incoming Treaty firm is set out in SUP 15 Annex 1.
In some cases, the application of provisions set out in SUP 15 Annex 1 depends on whether responsibility is reserved to a Home State regulator.
57The guidance in SUP 15.13 applies to all CBTL firms whether or not they are also firms.
8The directions and guidance in SUP 15.14 apply to payment service providers as set out in that section.
What?
This chapter:
- (1)
applies with respect to the carrying on of both regulated activities and unregulated activities; and
- (2)
takes into account any activity of other members of a group of which the firm is a member.
8SUP 15.8 and SUP 15.14 apply with respect to the carrying on of payment services and other activities to which the Payment Services Regulations apply.
Where?
4This chapter does not apply to an incoming ECA provider acting as such.