Representative office
Past version: Effective up to 30 Jun 2007
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A person who is licensed by the BMA to undertake only representative office functions:
(i) gather financial, economic and commercial information;
(ii) carry out general promotional activities; and/or
(iii) provide general assistance of a non specific nature to resident and non resident clients of the overseas entity/group the office is representing.
Such persons are not subject to Volume 4 of the BMA Rulebook, but are separately licensed and subject to the requirements contained in the relevant BMA's "Standard Conditions and Licensing Criteria" (cf. AU-A.1.12).