(33)Where a creditor or credit intermediary provides its services within the territory of another Member State under the freedom to provide services, the home Member State should be responsible for establishing the minimum knowledge and competence requirements applicable to the staff. However host Member States which deem it necessary should be able to establish their own competence requirements in certain specified areas applicable to creditors and credit intermediaries that provide services within the territory of that Member State under the freedom to provide services.
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New version applies from 20/03/2014.
129 provisions change.
Later versions: 01/01/2018, 30/12/2023.
Recital 33 changes in this version: compare with the current text.