Directive 2006/49/EC Article 41

Article 41

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1. The Commission shall decide on any technical adaptations in the following areas in accordance with the procedure referred to in Article 42(2):

((a))

clarification of the definitions in Article 3 in order to ensure uniform application of this Directive;

((b))

clarification of the definitions in Article 3 to take account of developments on financial markets;

((c))

adjustment of the amounts of initial capital prescribed in Articles 5 to 9 and the amount referred to in Article 18(2) to take account of developments in the economic and monetary field;

((d))

adjustment of the categories of investment firms in Article 20(2) and (3) to take account of developments on financial markets;

((e))

clarification of the requirement laid down in Article 21 to ensure uniform application of this Directive;

((f))

alignment of terminology on and the framing of definitions in accordance with subsequent acts on institutions and related matters;

((g))

adjustment of the technical provisions in Annexes I to VII as a result of developments on financial markets, risk measurement, accounting standards or requirements which take account of Community legislation or which have regard to convergence of supervisory practices; or

((h))

technical adaptations to take account of the outcome of the review referred to in Article 65(3) of Directive 2004/39/EC.

2. None of the implementing measures enacted may change the essential provisions of this Directive