Appendix 2 | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

TC Training and Competence

Chapter

Appendix 2

Printed on: 06/07/2025

Rulebook at: 01/04/2011


TC App 2

Appendix 2

TC App 2.1

TCs Territorial Scope subject to the limitation in TC Appendix 3

  • 01/01/2011

TC App 2.1.1

See Notes

handbook-rule
UK domestic firm Incoming EEA firm Overseas firm (other than an incoming EEA firm)
MiFID business and equivalent third country business TC applies in respect of employees who carry on activities from an establishment maintained by the firm (or its appointed representative) in the United Kingdom
and
TC also applies insofar as an activity is carried on from an establishment maintained by the firm (or its appointed representative or, where applicable, its tied agent) in, and within the territory of, another EEA State
TC does not apply TC applies in respect of employees who carry on activities from an establishment maintained by the firm (or its appointed representative) in the United Kingdom
Insurance mediation activities TC applies in respect of employees who carry on activities from an establishment maintained by the firm (or its appointed representative) in the United Kingdom
and
TC also applies in respect of employees who engage in or oversee activities from a branch established in another EEA state
TC does not apply TC does not apply
Regulated mortgage activity and reversion activity TC applies if the customer is resident in the United Kingdom at the time the regulated mortgage activity or reversion activity is carried on
and
TC also applies if the customer is resident in another EEA State (at the time that the activity is carried on) but only if the activity is carried on from an establishment maintained by the firm or its appointed representative in the United Kingdom
Same as for UK domestic firm Same as for UK domestic firm
Any other activity in Appendix 1 TC applies in respect of employees who carry on these activities from an establishment maintained by the firm (or its appointed representative) in the United Kingdom
and
TC also applies in respect of employees who carry on activities with or for a client in the United Kingdom
TC applies in respect of its employees who carry on activities from an establishment maintained by the firm (or its appointed representative) in the United Kingdom TC applies in respect of its employees who carry on activities from an establishment maintained by the firm (or its appointed representative) in the United Kingdom
  • 01/11/2007