4. — Directive 2003/41/EC of the European Parliament and of the Council of 3 June…

4.

Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision · European Union

The competent authorities may prohibit or restrict the activities of an institution located in their territories in particular if: the institution fails to protect adequately the interests of members and beneficiaries; the institution no longer fulfils the conditions of operation; the institution fails seriously in its obligations under the rules to which it is subject; in the case of cross-border activity, the institution does not respect the requirements of social and labour law of the host Member State relevant to the field of occupational pensions. Any decision to prohibit the activities of an institution shall be supported by precise reasons and notified to the institution in question.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.