SUP 15 Annex 1 19Application of SUP 15 to incoming EEA firms and incoming Treaty firms9

R

1 .

SUP 15 applies in full to an incoming EEA firm, or incoming Treaty firm , which has a top-up permission.

2 .

[deleted]12

12

52A

[deleted]12

12

3 .

For any other incoming EEA firm or incoming Treaty firm, SUP 15 applies as set out in the following table.

Applicable sections

Application

SUP 15.1, SUP 15.2

Application, Purpose

Apply in full

SUP 15.3.1 R to SUP 15.3.6 G

Matters having a serious regulatory impact

Apply in so far as responsibility for the matter in question is not reserved by an EU instrument to the firm's Home State regulator8

8

SUP 15.3.7 G to SUP 15.3.10 G

Communication with the FCA7 in accordance with Principle 1112

12

Apply in so far as responsibility for the matter in question is not reserved by an EU4 instrument to the firm's Home State regulator

4

8SUP 15.3.11 R8 to SUP 15.3.14 G

Breaches of rules and other requirements in or under the Act

Apply in full

8SUP 15.3.15 R8 to SUP 15.3.16 G

Civil, criminal or disciplinary proceedings against a firm

Apply in so far as responsibility for the matter in question is not reserved by an EU4 instrument to the firm's Home State regulator

4

88SUP 15.3.17 R to SUP 15.3.20 G

Fraud, errors and other irregularities

Apply in so far as responsibility for the matter in question is not reserved by an EU4 instrument to the firm's Home State regulator

4

SUP 15.3.2 G

Insolvency, bankruptcy and winding up

Apply in so far as responsibility for the matter in question is not reserved by an EU4 instrument to the firm's Home State regulator

4

SUP 15.3.32R to SUP 15.3.35G9

Competition law infringements9

Apply in so far as responsibility for the matter in question is not reserved by an EU instrument to the firm’s Home State regulator9

SUP 15

Notified persons

Does not apply

SUP 15.5.1 R to SUP 15.5.3 G

Change in name

Apply in full

SUP 15.5.4 R

Change in address: principal place of business in the UK

Applies in full

SUP 15.5.4 R (2)

Change in address: registered office

Applies to an incoming Treaty firm . Does not apply to an incoming EEA firm, but see SUP 14 (Incoming EEA firms: changing authorisation and cancelling qualification for authorisation).

SUP 15.5.5 R to SUP 15.5.6 G

Change in telephone numbers6

6

Applies in full6

6

SUP 15.5.7 R and SUP 15.5.8 G

Other regulators

Apply in so far as responsibility for the matter in question is not reserved by an EU4 instrument to the firm's Home State regulator

4

SUP 15.6

Inaccurate, false or misleading information

Applies in full

SUP 15.7

Form and method of notification

Applies in full

SUP 15.8

Notifications in respect of particular products and services

Applies in full2

SUP 15.103

Reporting suspicious transactions or orders11 (market abuse)3

Applies in full subject to article 16 of the Market Abuse Regulation11

3

10SUP 15.11

Notification of COCON breaches and disciplinary action

Applies in full

SUP 15 Annex 1A
  1. (1)

    12SUP 15 does not apply to an incoming EEA firm which has permission for cross border services only and which does not carry on regulated activities in the United Kingdom.

  2. (2)

    SUP 15 does not apply to an EEA pure reinsurer which does not have a top-up permission.