1.

Without prejudice to Article 22(3), the CCP’s competent authority shall withdraw authorisation where the CCP: has not made use of the authorisation within 12 months, expressly renounces the authorisation or has provided no services or performed no activity for the preceding six months; has obtained authorisation by making false statements or by any other irregular means; is no longer in compliance with the conditions under which authorisation was granted and has not taken the remedial action requested by the CCP’s competent authority within a set time frame; has seriously and systematically infringed any of the requirements laid down in this Regulation.

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.