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Home Financial Services & Banking Investment Firms Directive

Article 38

Supervisory measures

Competent authorities shall require investment firms to take, at an early stage, the measures necessary to address the following problems:

(a)

an investment firm does not meet the requirements of this Directive or of Regulation (EU) 2019/2033;

(b)

competent authorities have evidence that an investment firm is likely to breach the national provisions transposing this Directive or the provisions of Regulation (EU) 2019/2033 within the next 12 months.

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