An applicant must meet certain minimum standards in order to be authorised by the Financial Regulator to act as a retail investment intermediary under the Investment Intermediaries Act, 1995 (as amended) ('IIA').
Applicants can apply to be authorised under the IIA as either:
- an Authorised Advisor (AA), or
- a Multi-agency Intermediary (MAI)
For explanations of the the terms 'Authorised Advisor' and 'Multi-agency Intermediary' please see page 9 of the IIA Application form.
Applicants seeking authorisation under the IIA should submit the following material
Application for Authorisation as a Retail Investment Intermediary
Please ensure that all applicable additional documents are submitted, as per the checklist in Appendix 5 of the IIA Application Form
An Individual Questionnaire (IQ) for each director and senior manager of Companies/Sole Traders/Partners (and in the case of all three entity types, any other individual who will exercise a significant influence over the business).
The Financial Regulator will not commence the processing of any application until all required information in the application form and all supporting documentation (as outlined in the checklist) has been received. Incomplete applications will be returned to the applicant.
Relevant Regulatory Requirements
Other Information
Applicants should be aware that, once authorised, they will be subject to an annual levy. Please see the Industry Funding Levy page.