Article 12 › 3
MiFID II
The competent authorities may extend the interruption referred to in the second subparagraph of paragraph 2 up to 30 working days if the proposed acquirer is one of the following: (a) a natural or legal person situated or regulated outside the Union; (b) a natural or legal person not subject to supervision under this Directive or Directives 2009/65/EC, 2009/138/EC or 2013/36/EU.
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Source: EUR-Lex CELLAR · retrieved 2026-09-04