Appointed Representative Agreement Fca

The Appointed Representatives Regulations17 contain, among other things, the regulatory requirements applicable to contracts between companies and appointed agents within the meaning of section 39 (1) a) (ii) of the Act. a person who asserts or exercises the rights of the lender under a „relevant agreement referred to in Article 36H“; or 16 that it wants the appointment of another person, who is the person and for whom the other person assumes responsibility, as the designated representative;4 Since the main undertakings are fully responsible for the conduct of their designated representatives, insufficient supervision by the contracting entities entails a huge risk of compliance. A car dealer with limited credit intermediation authorization may also be a mandated representative insurance intermediary. . . .