Past version: effective from 21/10/2015 - 20/10/2015
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The Regulator has exercised its power under section 189 of the FSMR to exempt an Authorised Person or Recognised Body which is a Representative Office from the requirements in that section. As a result, in accordance with the terms of section 189 the FSMR, the Representative Office also does not need to comply with other requirements in Part 15 of the FSMR.