Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

MiFID investment firm

  1. 88
  1. 118(1) (in summary) (except in SUP 13, SUP 13A and SUP 14 in relation to notification of passported activity) a firm to which MiFID applies including, for some purposes only, a credit institution and collective portfolio management investment firm.
  2. 118(2) (in full) a firm (except in SUP 13, SUP 13A and SUP 14 in relation to notification of passported activity) which is:
    1. 118(a) an investment firm with its head office in the EEA (or, if it has a registered office, that office);
    2. 118(b) a CRD credit institution (only when providing an investment service or activity or when selling, or advising clients in relation to, structured deposits for the purposes of:
      1. 118 (i) the rules implementing the articles referred to in article 1(3) and article 1(4) of MiFID ;
      2. 118(ii) the requirements imposed upon it by and under MiFIR; and
      3. 118(iii) the requirements imposed upon it by EU regulations made under MiFID); or121
    3. 121(ba) a CRD credit institution (only when providing an investment service or activity) in relation to COMP or FEES 6);
    4. 118(c) a collective portfolio management investment firm (only when providing the services referred to in article 6(4) AIFMD or article 6(3) of the UCITS Directive in relation to the rules implementing the articles of MiFID referred to in article 6(6) of AIFMD or article 6(4) of the UCITS Directive and for a full-scope UK AIFM or the rules implementing article 12(2)(b) of AIFMD);
    unless, and to the extent that, MiFID does not apply to it as a result of article 2 (Exemptions) or article 3 (Optional exemptions) of MiFID118.
  3. 118(3) (in SUP 13, SUP 13A and SUP 14 in relation to notification of passported activity) an investment firm with its head office in the EEA (or, if it has a registered office, that office) unless, and to the extent that, MiFID does not apply to it as a result of article 2 (Exemptions) or article 3 (Optional exemptions) of MiFID.