INMA 2.1.7 Branches — obligations to inform Regulatory Authority

(1) This rule applies to an INMA firm that is a branch.
(2) The Regulatory Authority may require the firm to give it a copy of any report that the entity of which the firm is a branch is required by law to make to its home financial services regulator.
(3) If the entity breaches (or expects to breach) a prudential requirement set by law or by its home financial services regulator, the firm must immediately notify the Regulatory Authority and must give the authority copies of any relevant documents (including documents submitted to that financial services regulator).

Note Home financial services regulator is defined in the glossary.
Derived from QFCRA RM/2014-4 (as from 1st January 2015).