Delegated Regulation (EU) No 1151/2014 supplementing Directive 2013/36/EU with regard to regulatory technical standards on the information to be notified when exercising the right of establishment and the freedom to provide services:Article 4 Change in branch particulars notification and notification of termination of operation of a branch

Article 4 Change in branch particulars notification and notification of termination of operation of a branch

Geldend

Documentgegevens:

Geldend vanaf 06-03-2022

Bronpublicatie:: 20-10-2021, PbEU 2022, L 31 (uitgifte: 14-02-2022, regelingnummer: 2022/192)
Inwerkingtreding: 06-03-2022
Bronpublicatie inwerkingtreding:: 20-10-2021, PbEU 2022, L 31 (uitgifte: 14-02-2022, regelingnummer: 2022/192)
Vakgebied(en): Financieel recht / Bank- en effectenrecht
Financieel recht / Europees financieel recht
Financieel recht / Financieel toezicht (juridisch)

1.

A change in branch particulars notification which is not related to a planned termination of operation of a branch shall be notified where there is a change in the information specified in Article 3(1)(a) and (b), other than the one specified in Article 3(2)(d) since the last notification by the credit institution, or, if that information had not been notified, since the date of the entry into force of this Regulation.

2.

The information to be notified when a credit institution plans to terminate the operation of a branch shall include the following:

(a): the name and contact details of the persons who will be responsible for the process of terminating the operation of the branch;
(b): the estimated schedule for the planned termination and any relevant updates as the process evolves;
(c): the information on the process of terminating the business relations with branch customers.
(d): where the branch takes or took deposits and other repayable funds in the exercise of its activities, a statement by the credit institution listing the measures that have been or that are being undertaken to ensure that the credit institution will no longer hold deposits or other repayable funds from the public through the branch after the termination of operation of that branch.