Central Bank reminds MiFID investment firms with branches outside the EU / EEA of relevant requirements

MiFID Firms

Date: 16 May 2022

On 16 May 2022, the Central Bank updated its website to remind MiFID investment firms with branches outside the EU / EEA of the need to consider:

  • ESMA’s MiFID II supervisory briefing on the supervision of non-EU branches of EU firms providing investment services and activities;
  • ESMA’s Opinion to support supervisory convergence in the area of investment firms in the context of the United Kingdom withdrawing from the European Union; and
  • Central Bank PCF requirements,

in relation to their operations.