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.

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

SUP 15.3.1 R does not apply, otherwise apply in full

SUP 15.3.7 G to SUP 15.3.10 G

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

SUP 15.3.1 R to SUP 15.3.14 G

Breaches of rules and other requirements in or under the Act

Apply in full

SUP 15.3.1 R 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 a European Community4 instrument to the firm's Home State regulator

SUP 15.3.1 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 a European Community4 instrument to the firm's Home State regulator

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 a European Community4 instrument to the firm's Home State regulator

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 legal status

Do not apply

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 a European Community instrument to the firm's Home State regulator

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 (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