1. Where Articles 3 to 7 of this Regulation or the relevant provisions on information exchange of Directive 2014/65/EU or Delegated Regulation (EU) 2017/586 do not apply, the competent authorities of the home Member State shall provide the competent authorities of the host Member State with information regarding any situation in respect of which they have determined that an investment firm has not complied with any of the following requirements, where such non-compliance might affect the protection of clients or the stability of the financial system in the host Member State:
requirements related to the prudential supervision of investment firms laid down in Regulation (EU) No 575/2013 of the European Parliament and of the Council7, Directive 2013/36/EU of the European Parliament and of the Council8, Directive 2014/59/EU of the European Parliament and of the Council9, Regulation (EU) 2019/2033 and Directive (EU) 2019/2034;
requirements on the basis of other relevant national law.
2. The information referred to in paragraph 1 shall explain the non-compliance and the supervisory measures taken or planned to be taken.
3. Where the information referred to in paragraph 1 is relevant only to a particular branch, the competent authorities of the home Member State shall only provide the information to the competent authorities of the host Member State in which that branch is established.