Q&A · ESMA
Conditions for branches of third country credit institutions registered at ESMA as MIFID investment firms to service per se professional clients and eligible counterparties within the EU
Rejected
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Asked whether EU branches of third-country credit institutions registered as MiFID investment firms must meet the full MiFID II, MiFIR and EMIR regime and may passport services to per se professional clients and eligible counterparties under Article 34(2). ESMA rejected the question, so there is no answer.
Details
| Reference | ESMA_QA_662 |
|---|---|
| Issuer | ESMA |
| Published | 18 Jan 2023 |
| Submitted | 18 Jan 2023 |
| ESMA topics | Provision of investment services and activities by third country firms |
Provisions it relates to
- Article 34 MiFID II · Freedom to provide investment services and activitiesInferred · 75%
- Article 39 MiFID II · Establishment of a branchInferred · 70%
- MiFID II (whole act)Explicit reference