[195A Contravention by relevant EEA firm[, EEA UCITS or EEA AIFM] of directive requirements: home state regulator primarily responsible for securing compliance]
[195A Contravention by relevant EEA firm[, EEA UCITS or EEA AIFM] of directive requirements: home state regulator primarily responsible for securing compliance]

[(1)     This section applies if [the appropriate regulator] has clear and demonstrable grounds for believing—

(a)     that a relevant EEA firm has contravened, or is contravening, a requirement falling within subsection (2) (in a case to which Article [86.1 or 86.3] of the markets in financial instruments directive applies);

(b)     that a relevant EEA UCITS has contravened, or is contravening, a requirement falling within subsection (3) (in a case to which Article 108.4 of the UCITS directive applies) [; or

(c)     that an EEA AIFM has contravened, or is contravening, a requirement falling within subsection (3A) (in a case to which Article 45.7 or 45.8 of the alternative investment fund managers directive applies)].

(2)     A requirement falls within this subsection if it is imposed on the firm—

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203 . . .