1.Investment firms already authorised in their home Member State to provide investment services before the1 ►C1November 30 April 2006 ◄ ►C1 ( 38 ) ◄ ,2007 shall be deemed to be so authorised for the purposepurposes of this Directive,Directive if the laws of thosethat Member StatesState provide that to take up such activities they must comply with conditions comparable to those imposedprovided for in Articles 9 to 14.
2.A regulated market or a market operator already authorised in its home Member State before the1 ►C1November 30 April 2006 ◄ ►C1 ( 39 ) ◄ ,2007 shall be deemed to be so authorised for the purposes of this Directive,Directive if the laws of suchthat Member State provide that the regulated market or market operatoroperator, (asas the case may be)be, must comply with conditions comparable to those imposedprovided for in Title III.
3.Tied agents already entered in a public register before the1 ►C1November 30 April 2006 ◄ ►C1 ( 40 ) ◄ ,2007 shall be deemed to be so registered for the purposes of this Directive,Directive if the laws of those Member States concerned provide that tied agents must comply with conditions comparable to those imposedprovided for in Article 23.
4.Information communicated before the1 ►C1November 30 April 2006 ◄ ►C1 ( 41 ) ◄ ,2007 for the purposes of Articles 17, 18 or 30 of Directive 93/22/EEC shall be deemed to have been communicated for the purposes of Articles 31 and 32 of this Directive.
5.Any existing system falling under the definition of an MTF operated by a market operator of a regulated market,market shall be authorised as an MTFshall, at the request of the market operator of the regulated marketmarket, be authorised as an MTF, provided that it complies with rules equivalent to those required by this Directive for the authorisation and operation of MTFs ►C1 , and provided that the request concerned is made beforewithin 30eighteen Octobermonths following 1 November 2007. ◄
6.Investment firms shall be authorised to continue considering existing professional clients as such provided that this categorisation has been granted by the investment firm on the basis of an adequate assessment of the expertise, experience and knowledge of the client which gives reasonable assurance, in light of the nature of the transactions or services envisaged, that the client is capable of making his own investment decisions and understands the risks involved. Those investment firms shall inform their clients about the conditions established in the Directive for the categorisation of clients.