Article 62 - Amendments to Directive 2003/41/EC

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Article 62

Amendments to Directive 2003/41/EC

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Directive 2003/41/EC is amended as follows:

(1)

in Article 2(2), point (b) is replaced by the following:

‘(b) institutions which are covered by Directives 73/239/EEC ³², 85/611/EEC ³³, 93/22/EEC ³⁴, 2000/12/EC ³⁵, 2002/83/EC ³⁶ and 2011/61/EU ³⁷;

(2)

Article 19(1) is replaced by the following:

‘1. Member States shall not restrict institutions from appointing, for the management of the investment portfolio, investment managers established in another Member State and duly authorised for this activity, in accordance with Directives 85/611/EEC, 93/22/EEC, 2000/12/EC, 2002/83/EC and 2011/61/EU, as well as those referred to in Article 2(1) of this Directive.’.

36 Directive 2002/83/EC of the European Parliament and of the Council of 5 November 2002 concerning life assurance (OJ L 345, 19.12.2002, p. 1). ↩
32 First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, regulations and administrative provisions relating to the taking-up and pursuit of the business of direct insurance other than life assurance (OJ L 228, 16.8.1973, p. 3). ↩
33 Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 375, 31.12.1985, p. 3). ↩
34 Council Directive 93/22/EEC of 10 May 1993 on investment services in the securities field (OJ L 141, 11.6.1993, p. 27). ↩
37 Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers (OJ L 174, 1.7.2011, p. 1).’; ↩
35 Directive 2000/12/EC of the European Parliament and of the Council of 20 March 2000 relating to the taking-up and pursuit of the business of credit institutions (OJ L 126, 26.5.2000, p. 1). ↩

Metadata

✓ In force

↻ Amendments (1)

20/06/2013 current by Directive 2013/14/EU
21/07/2011 first version in the database