INMA 3.3.1 Application of Part 3.3

(1) This Part does not apply to an INMA firm that is a branch.

Guidance

The entity of which such a firm is a branch would be subject to regulatory requirements about capital and other financial resources in its home jurisdiction.
(2) If an INMA firm is also authorised under BANK or IBANK, and the firm complies with the capital requirements under whichever of those Rules applies, the firm is taken to comply with this Part.
Amended by QFCRA RM/2015-3 (as from 1st January 2016).