Tied Agent

A Tied Agent is a person
(natural or legal)
established in a Member State

A Tied Agent is a person (natural or legal) established in a Member State, who, acting under the full and unconditional responsibility of only one Investment Firm (the “IF”) of a Member State, on whose behalf it acts, promotes investment or/and ancillary services, attracts Clients or prospective Clients, receives and transmits Client orders in respect of investment services or financial instruments, places financial instruments or/and provides advice to Clients or prospective Clients in respect of those financial instruments or services.

If you are an Asset or fund manager, or an investment firm established in a Member State and you can be deemed to be of sufficiently good repute and possess appropriate general, Commercial, and professional knowledge as well as competence to deliver services within the EU area, but you are lacking a strong connection with the market of a particular EU member state- appointing tied agents might be the right solution for you.

If your firm deals systematically with clients on a pan-European basis, the Tied Agent under MiFID II solution clearly represents an opportunity in order to get acquainted with the customs and regulations of a specific domicile without having a huge upfront commitment and retain access to European clients, before taking a decision whether the specific EU domicile chosen can be considered as your new EU base. It requires minimal cost, hassle free registration process and it’s a great marching stone, to evaluate if it’s worth it to go for a full EU license on your own.

Indeed, the openness to this type of arrangements can make it possible for your firm to bridge the regulatory gap and start a regulated business without having to fully commit from the outset to having an own license. Appointing a Tied Agent, you will learn a lot about the EU target audience, the EU regulatory framework and if it makes sense to invest and get a full license of your own.

We can offer you smooth and fast market entry to all markets of the European Economic Area.

Contact us to discuss your personal tailored needs.