(17)Persons who provide the investment services and/or perform investment activities covered by this Directive should be subject to authorisation by their home Member States in order to protect investors and the stability of the financial system.
◷
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.
Recital 17 changes in this version: compare with the current text.