(7)Existing investment firms should be permitted, under certain conditions, to continue their business even if they do not comply with the minimum amount of initial capital fixed for new investment firms.
◷
New version applies from 04/01/2011 — introduced by Commission Directive 2009/27/EC, Directive 2010/76/EU (CRD), Directive 2010/78/EU.
61 provisions change.
Later versions: 01/01/2014.
Recital 7 changes in this version: compare with the current text.