Which action must be taken if a registered investment intermediary changes its trading name?

• A. The Central Bank in writing
• B. The customers
• C. TOP Investment Managers Ltd
• D. The Competition and Consumer Protection Commission

Answer: (A)

When a registered investment intermediary changes its trading name, the regulator must be notified in writing. This keeps the Central Bank’s official register up to date with the firm’s current identity, ensuring supervisory records, licensing status, and oversight remain accurate. A written notice helps prevent misidentification in filings, disclosures, and dealings with counterparties, and supports consumer protection by ensuring all communications reference the correct entity.

Notifying customers about branding changes is good governance and helps maintain trust, but it does not substitute the formal requirement to inform the regulator. The Competition and Consumer Protection Commission handles broader consumer law and competition issues, not the licensing or registration details of investment intermediaries, and the option of informing the company itself isn’t the regulatory action required.