3. — Directive 2006/49/EC of the European Parliament and of the Council of 14 June…

3.

Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast) · European Union

Member States may reduce the amount referred to in paragraph 1 to EUR 50000 where a firm is not authorised to hold clients' money or securities, to deal for its own account, or to underwrite issues on a firm commitment basis.

← art_5__para_2__text_2 · All articles · art_5__para_3__text_1 →

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