The competent authority shall verify that any entity seeking authorisation as an investment firm meets its obligations under Directive 97/9/EC of the European Parliament and of the Council of 3 March 1997 on investor-compensation schemes 20 at the time of authorisation.
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New version applies from 21/09/2007 — introduced by Directive 2007/44/EC.
83 provisions change.
Later versions: 20/03/2008, 04/01/2011, 03/01/2018.
Article 11 changes in this version: compare with the current text.
Article 11 - Membership of an authorised Investor Compensation Scheme
- 20 OJ L 84, 26.3.1997, p. 22. ↩