Regulation 59

is not, on 8 October 2018, an appointed representative in respect of any type of regulated activity; and

is the subject of a notice of intent lodged with the Authority under section 99H(1)(a) of the Act before 8 October 2021 to appoint the individual as an appointed representative in respect of the regulated activity of dealing in capital markets products,the individual is exempt under paragraph (1) or (2) (as the case may be) until the earlier of the following dates:

the date on which the Authority enters the name of the individual in the public register of representatives;

the date on which the Authority refuses to enter the name of the individual in the public register of representatives;

the date on which the notice of intent to appoint the individual as an appointed representative is withdrawn.

is, on 8 October 2018, an appointed representative in respect of any type of regulated activity other than the regulated activity of dealing in capital markets products; and

is the subject of a notice of intent lodged with the Authority under section 99L(1) of the Act before 8 October 2021 to appoint the individual as an appointed representative in respect of the regulated activity of dealing in capital markets products,the individual is exempt under paragraph (1) or (2) (as the case may be) until the earlier of the following dates:

the date on which the Authority enters the additional type of regulated activity that the individual may carry out in the public register of representatives;

the date on which the Authority refuses to enter the additional type of regulated activity in the public register of representatives;

the date on which the notice of intent to appoint the individual as an appointed representative in respect of the regulated activity of dealing in capital markets products is withdrawn.

is, on 8 October 2018, an appointed representative in respect of the regulated activity of dealing in capital markets products whose entry in the public register of representatives does not indicate that he is appointed in respect of dealing in capital markets products that are OTC derivatives contracts; and

is the subject of a notice in Form 6 lodged with the Authority before 8 October 2021 to add “OTC derivatives contracts” as a type of capital markets products in respect of which the individual performs the regulated activity of dealing in capital markets products in the records kept by the Authority under section 99C(1) of the Act,the individual is exempt under paragraph (1) until the earlier of the following dates:

the date on which the Authority enters “OTC derivatives contracts” as an additional type of capital markets products against the individual’s name in the public register of representatives;

the date on which the Authority refuses to enter “OTC derivatives contracts” as an additional type of capital markets products against the individual’s name in the public register of representatives;

the date on which the notice to add “OTC derivatives contracts” as an additional type of capital markets products in respect of which the individual performs the regulated activity of dealing in capital markets products in the records kept by the Authority under section 99C(1) of the Act is withdrawn.

is, on 8 October 2018, an appointed representative in respect of the regulated activity of dealing in capital markets products whose entry in the public register of representatives does not indicate that he is appointed in respect of dealing in capital markets products that are OTC derivatives contracts or spot foreign exchange contracts for the purposes of leveraged foreign exchange trading; and

is the subject of a notice in Form 6 lodged with the Authority before 8 October 2021 to add “OTC derivatives contracts” or “spot foreign exchange contracts for the purposes of leveraged foreign exchange trading” as types of capital markets products in respect of which the individual performs the regulated activity of dealing in capital markets products in the records kept by the Authority under section 99C(1) of the Act,the individual is exempt under paragraph (2) until the earlier of the following dates:

the date on which the Authority enters “OTC derivatives contracts” or “spot foreign exchange contracts for the purposes of leveraged foreign exchange trading” as an additional type of capital markets products against the individual’s name in the public register of representatives;

the date on which the Authority refuses to enter “OTC derivatives contracts” or “spot foreign exchange contracts for the purposes of leveraged foreign exchange trading” as an additional type of capital markets products against the individual’s name in the public register of representatives;

the date on which the notice to add “OTC derivatives contracts” or “spot foreign exchange contracts for the purposes of leveraged foreign exchange trading” as an additional type of capital markets products in respect of which the individual performs the regulated activity of dealing in capital markets products in the records kept by the Authority under section 99C(1) of the Act is withdrawn.