SUP 15.1 Application
Who?
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?
6SMCR firms
6The following apply only to SMCR firms9:
- (1)
SUP 15.2.5G (Purpose); 11
- (2)
SUP 15.11 (Notification of COCON breaches and disciplinary action); 12
11 - (3)
11SUP 15.15 (Enhanced scope SMCR firm retail intermediaries); 13
12 - (4)
SUP 15.16 (Notification of changes in the management body); and13
12 - (5)
SUP 15.17 (Notification by limited scope SMCR benchmark firm).13