• MIR 8.3 MIR 8.3 Regulator decision on Remote Member Recognition

    • MIR 8.3.1

      If the Regulator considers that the Remote Member Requirements are satisfied, it may make a Recognition Order, which will state the date on which it takes effect.

    • MIR 8.3.2

      Where the Regulator considers that it is unlikely to make a Recognition Order, it will discuss its concerns with the Applicant with a view to enabling the Applicant to make changes to its application. If the Regulator decides to refuse to make a Recognition Order, it will follow the procedure set out in Part 12 of FSMR.