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The Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001

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UK firms: scope of outward passport

UK firms: scope of outward passport

19.  Where—

(a)the activities identified in a notice of intention under paragraph 19 or 20 of Schedule 3 include (in accordance with paragraph 19(3) or 20(2) of that Schedule) any activity which is not a regulated activity, and

(b)that activity is one which the UK firm in question is able to carry on in the EEA State in question without contravening any provision of the law of the United Kingdom (or any part of the United Kingdom),

the UK firm is to be treated, for the purposes of the exercise of its EEA right, as being authorised to carry on that activity.

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