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EU · MiFID II · TITLE II AUTHORISATION AND OPERATING CONDITIONS FOR INVESTMENT FIRMS · CHAPTER IV Provision of investment services and activities by third country firms · Section 2 Withdrawal of authorisations

Article 43 MiFID IIWithdrawal of authorisations

In force
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AI-generated What this provision does

Lets the authorising competent authority withdraw a third-country branch's authorisation if it is unused within 12 months or inactive for six months, was obtained irregularly, no longer meets its conditions, the firm has seriously and systematically breached the applicable rules, or national law provides for withdrawal.

Commentary

No law-firm commentary is linked to this provision yet.

393 more documents relate to MiFID II as a whole without naming an article.

UK counterpart

UK transposition not traced in the FCA Handbook. It may sit in FSMA, the Regulated Activities Order or SI 2017/701, which are not yet mapped.

Version history

  1. From 17 Sept 2014

Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.