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Article 41 › 1

MiFID II
DIRECTIVE 2014/65/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast) (Text with EEA relevance) · European Union

The competent authority of the Member State where the third-country firm has established or intends to establish its branch shall only grant authorisation when the competent authority is satisfied that: (a) the conditions under Article 39 are fulfilled; and (b) the branch of the third-country firm will be able to comply with the provisions referred to in paragraph 2. The competent authority shall inform the third-country firm, within six months of submission of a complete application, whether or not the authorisation has been granted.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04