The Central Bank publishes the sixth edition of the Investment Firms Q&A

The Central Bank today issued the sixth edition of the Central Bank Investment Firms Q&A (PDF 727.37KB) which includes a new Q&A ID 1031, in relation to Regulation 5 of the MiFID II Regulations.

Regulation 5 requires, inter alia, that a cooperation agreement be in place between the Central Bank and a third country competent authority before a third country firm supervised by that third country competent authority can provide investment services to professional clients and eligible counterparties without being deemed to operate in Ireland.