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New version applies from 01/01/2014 — introduced by Capital Requirements Directive. 257 provisions change. Article 16 is deleted from 01/01/2014.

Article 16

Article 16

Host Member States may not require authorisation or endowment capital for branches of credit institutions authorised in other Member States. The establishment and supervision of such branches shall be effected in accordance with Articles 22, 25, 26(1) to (3), 29 to 37 and 40.

Official text · consolidated version 01/07/2013 (no longer in force) Open full page ↗
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