Status: You are viewing the version of the handbook as on 2005-12-31.

EEA firm

    (in accordance with paragraph 5 of Schedule 3 to the Act (EEA Passport Rights)) any of the following, if it does not have its relevant office16 in the United Kingdom:

      1. (a) an investment firm (as defined in article 1(2) of the Investment Services Directive) which is authorised (within the meaning of article 3) by its Home State regulator; which is authorised (within the meaning of article 1) by its Home State regulator;
      1. (b) a credit institution (as defined in article 1 of the Banking Consolidation Directive)16
      1. (c) a financial institution (as defined in article 1 of the Banking Consolidation Directive) which is a subsidiary of the kind mentioned in article 19 and which fulfils the conditions in articles 18 and 19 ;
      1. (d) an undertaking pursuing the activity of direct insurance (within the meaning of article 28228of the28 Consolidated Life Directive (No. 2002/83/EC)28 or of Article 1 of 28the First Non-Life Directive (No. 73/239/EEC)) which has received authorisation under 28Article 4 of the Consolidated Life Directive or Article28 6 of the First Non-Life Directive 28from its Home State regulator;
      1. (e) an IMD insurance intermediary or an IMD reinsurance intermediary (as defined in article 2 of the IMD) which has registered under article 3 of that directive with its Home State regulator;16
      1. (f) (from 13 February 2004) a management company (as defined in article 1a of the UCITS Directive) which has been authorised under article 5 of that directive by its Home State regulator4313.

    in this definition, relevant office means:16

      1. (i) in relation to a firm falling within sub-paragraph (e), which has a registered office, its registered office; 16
      1. (ii) in relation to any other firm falling within any other paragraph, its head office.16