INMA 10.1.2 Authorised firms to remain authorised

An entity that was an authorised firm in PIIB category 3 or PIIB category 4 immediately before 1 January 2015 continues to be an authorised firm. The firm’s authorisation (including any condition) continues in effect according to its terms.

Derived from QFCRA RM/2014-4 (as from 1st January 2015).