(71)In order to ensure the effective supervision of credit intermediaries by competent authorities, a credit intermediary which is a legal person should be admitted in the Member State in which it has its registered office. A credit intermediary which is not a legal person should be admitted in the Member State in which it has its head office. In addition, Member States should require that a credit intermediary’s head office always be situated in its home Member State and that it actually operates there.
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New version applies from 20/03/2014.
129 provisions change.
Later versions: 01/01/2018, 30/12/2023.
Recital 71 changes in this version: compare with the current text.