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3.—(1) A notice given in respect of a European investment firm or quasi-European investment firm by the relevant supervisory authority in its home State is in accordance with this paragraph if it—
(a)certifies that the firm is an investment firm which is for the time being authorised to act as such a firm by the authority;
(b)contains the information stated in the firm’s notice; and
(c)if the firm intends to establish a branch in the United Kingdom, contains details of any compensation scheme which is intended to protect the branch’s investors.
(2) The Board or, as the case may be, the Bank shall as soon as practicable send a copy of any notice received by it in accordance with this paragraph, and a note of the date of its receipt, to every other authority which it knows is a connected UK authority.
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