The concept of Tied Agent is defined under Directive 2014/65/EU2. Tied agents may promote the services of an investment firm, solicit business or receive orders from clients or potential clients and transmit them, place financial instruments and provide advice in respect of such financial instruments and services offered by that investment firm. The investment firm remains fully and unconditionally responsible for any action or omission on the part of the tied agent when acting on behalf of the investment firm. Sapia Partners LLP is authorised for advising, arranging and managing investments. The full details of its authorisations are available using the link below.
It is the competence of national authorities and courts to investigate individual cases of alleged breaches of Union law in a Member State to ensure its enforcement. In case the citizen has any concern as to the operation of the company named 'Revolut Trading Ltd' in Romania, the Commission invites him to contact the Romanian Financial Supervisory Authority (Autoritatea de Supraveghere Financiară - ASF). Contact details are as follows: https://asfromania.ro/despre-asf/contact.
1 Please see
2 Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU Text with EEA relevance, OJ L 173, 12.6.2014, p. 349-496.
PE650.426v01-00 2/2 CM1202829EN.docx