S.L. 370.14 ст. 3Appointment of tied agents.

(1) Investment services licence holders and European investment firms exercising a European right may appoint tied agents for the purposes of promoting their services, soliciting business or receiving orders from clients or potential clients and transmitting them, placing instruments and providing investment advice in respect of such instruments and services offered by the investment services licence holder or the European investment firm.

(2) Tied agents may, subject to these regulations and the European Passport Rights for Investment Firms Regulations, where applicable, be established in Malta or in a Member State or EEA State.