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New version applies from 01/01/2014 — introduced by Capital Requirements Directive. 257 provisions change. Article 35 is deleted from 01/01/2014.

Article 35

Article 35

In the event of the withdrawal of authorisation, the competent authorities of the host Member State shall be informed and shall take appropriate measures to prevent the credit institution concerned from initiating further transactions within its territory and to safeguard the interests of depositors.

Official text · consolidated version 01/07/2013 (no longer in force) Open full page ↗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