Legal Due Diligence · glossary
Using a licence from one EU country to serve customers in others, after notifying the home regulator. The review checks that the notifications cover every country where the customers are. Report §5.3 · Chapter 8
Explained in Chapter 8, Regulatory, Compliance and AML, of Legal Due Diligence.
The target serves customers outside Ireland through passporting. Once it notifies its regulator, a licence from one EU country lets it serve customers in the others.Read Chapter 8, Regulatory, Compliance and AML →
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