Host State
- (1) (in LR and PR) as defined in Article 2.1(n) of the11 Prospectus Directive 11 ) the EEA State where an offer to the public is made or admission to trading is sought, when different from the Home State.7
- (2) (except in LR and PR and except in relation to MiFID11) the EEA State in which an EEA firm, a UK firm, or a Treaty firm is exercising an EEA right or Treaty right to establish a branch or provide cross border services.7
- (3) (in relation to MiFID) the EEA State, other than the Home State, in which an investment firm has a branch or performs investment services and/or activities or the EEA State in which a regulated market provides appropriate arrangements so as to facilitate access to trading on its system by remote members or participants established in that same EEA State.11
- (4) (in relation to the UCITS Directive) the EEA State, other than the UCITS Home State, in which units of a UCITS are marketed in accordance with a notification made under article 93 of that directive.23
[Note: article 4(1)(21) of MiFID]11