Exceptions from the licence requirement under section 15

(1) DLT market infrastructures within the meaning of Article 2, point 5 of Regulation (EU) 2022/858 that have been granted a specific permission under Article 8 or Article 10 of Regulation (EU) 2022/858 do not require any further licence under section 15, insofar as the investment service provided is covered by the specific permission.
(2) Retail clients within the meaning of section 67(3) of the Securities Trading Act who, on the basis of an exemption under Article 4(2) of Regulation (EU) 2022/858, carry on own-account business as a member or participant of a multilateral DLT trading facility within the meaning of Article 2, point 6 of Regulation (EU) 2022/858, or of a DLT trading and settlement system within the meaning of Article 2, point 10 of Regulation (EU) 2022/858, do not require a licence under section 15(4), first sentence for this.