SUP 15 Annex 1 Application of SUP 15 to incoming EEA firms and incoming Treaty firms1
1 . |
SUP 15 applies in full to an incoming EEA firm, or incoming Treaty firm , which has a top-up permission. |
2 . |
SUP 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. |
3 . |
For any other incoming EEA firm or incoming Treaty firm, SUP 15 applies as set out in the following table. |
Applicable sections |
Application |
|
Application, Purpose |
Apply in full |
|
Matters having a serious regulatory impact |
SUP 15.3.1 R does not apply, otherwise apply in full |
|
Communication with the FSA in accordance with Principle 11 |
Apply in so far as responsibility for the matter in question is not reserved by a European Community4 instrument to the firm's Home State regulator 4 |
|
Breaches of rules and other requirements in or under the Act |
Apply in full |
|
Civil, criminal or disciplinary proceedings against a firm |
Apply in so far as responsibility for the matter in question is not reserved by a European Community4 instrument to the firm's Home State regulator 4 |
|
Fraud, errors and other irregularities |
Apply in so far as responsibility for the matter in question is not reserved by a European Community4 instrument to the firm's Home State regulator 4 |
|
Insolvency, bankruptcy and winding up |
Apply in so far as responsibility for the matter in question is not reserved by a European Community4 instrument to the firm's Home State regulator 4 |
|
Notified persons |
Does not apply |
|
Change in name |
Apply in full |
|
Change in address: principal place of business in the UK |
Applies in full |
|
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). |
|
Change in legal status |
Do not apply |
|
Other regulators |
Apply in so far as responsibility for the matter in question is not reserved by a European Community instrument to the firm's Home State regulator |
|
Inaccurate, false or misleading information |
Applies in full |
|
Form and method of notification |
Applies in full |
|
Notifications in respect of particular products and services |
Applies in full2 |
|
Reporting suspicious transactions (market abuse)3 |
Applies in relation to activities carried on from an establishment maintained by the firm or its appointed representative in the United Kingdom. [Note: Article 7 2004/72/EC]3 |