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8.

The competent authorities may prohibit or restrict the activities of an IORP registered or authorised in their territories in particular if: the IORP fails to protect adequately the interests of scheme members and beneficiaries; the IORP no longer fulfils the conditions of operation; the IORP fails seriously in its obligations under the rules to which it is subject; in the case of cross-border activity, the IORP does not respect the requirements of social and labour law of the host Member State relevant to the field of occupational pension schemes.

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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.