What changes on 28/06/2021

The text in force from 29/12/2020 compared with the text from 28/06/2021, which includes the changes made by Directive (EU) 2019/2034.

Read the act as of 28/06/2021 · other versions: 01/01/2022 · 09/01/2024 · 29/07/2024 · 30/12/2024 · 17/01/2025 · 11/01/2026 · 11/07/2026

Title I

• amended Article 1 - Subject matter
• amended Article 2 - Scope
• amended Article 3 - Definitions

Title II

• amended Article 5 - Coordination within Member States

Title III › Chapter 1

• inserted Article 8a - Specific requirements for authorisation of credit institutions referred to in point (1)(b) of Article 4(1) of Regulation (EU) No 575/2013
• amended Article 14 - Shareholders and members
• amended Article 18 - Withdrawal of authorisation
• amended Article 20 - Notification of authorisation and withdrawal of authorisation
• amended Article 21a - Approval of financial holding companies and mixed financial holding companies
• amended Article 21b - Intermediate EU parent undertaking

Title III › Chapter 2

• amended Article 23 - Assessment criteria

Title VII › Chapter 1 › Section I

• amended Article 51 - Significant branches

Title VII › Chapter 1 › Section II

• amended Article 53 - Professional secrecy

Title VII › Chapter 1 › Section IV

• amended Article 66 - Administrative penalties and other administrative measures for breaches of authorisation requirements and requirements for acquisitions of qualifying holdings

Title VII › Chapter 2 › Section II › Subsection 2

• amended Article 76 - Treatment of risks
• amended Article 84 - Interest risk arising from non-trading book activities
• amended Article 86 - Liquidity risk

Title VII › Chapter 2 › Section III

• amended Article 98 - Technical criteria for the supervisory review and evaluation

Title VII › Chapter 2 › Section V

• amended Article 110 - Review and evaluation and supervisory measures

Title VII › Chapter 3 › Section I

• amended Article 111 - Determination of the consolidating supervisor
• amended Article 114 - Information requirements in emergency situations
• amended Article 116 - Colleges of supervisors

Title VII › Chapter 3 › Section II

• amended Article 125 - Cooperation

Title VII › Chapter 4 › Section I

• amended Article 128 - Definitions
• amended Article 129 - Requirement to maintain a capital conservation buffer
• amended Article 130 - Requirement to maintain an institution-specific countercyclical capital buffer
• amended Article 131 - Global and other systemically important institutions

Title VIII

• amended Article 143 - General disclosure requirements

Outside any heading

• amended Preamble
• amended Annex I - LIST OF ACTIVITIES SUBJECT TO MUTUAL RECOGNITION

Title IV

• deleted Article 28 - Initial capital of investment firms last in force on the version of 29/12/2020
• deleted Article 29 - Initial capital of particular types of investment firms last in force on the version of 29/12/2020
• deleted Article 30 - Initial capital of local firms last in force on the version of 29/12/2020
• deleted Article 31 - Coverage for firms not authorised to hold client money or securities last in force on the version of 29/12/2020
• deleted Article 32 - Grandfathering provision last in force on the version of 29/12/2020