02013L0036 — GA — 01.01.2022 — 008.003

Is áis doiciméadúcháin amháin an téacs seo agus níl aon éifeacht dhlíthiúil aige. Ní ghabhann institiúidí an Aontais aon dliteanas orthu féin i leith inneachar an téacs. Is iad na leaganacha de na gníomhartha a foilsíodh in Iris Oifigiúil an Aontais Eorpaigh agus atá ar fáil ar an suíomh gréasáin EUR-Lex na leaganacha barántúla de na gníomhartha ábhartha, brollach an téacs san áireamh. Is féidir teacht ar na téacsanna oifigiúla sin ach na naisc atá leabaithe sa doiciméad seo a bhrú

►B ►M6 TREOIR 2013/36/AE Ó PHARLAIMINT NA HEORPA AGUS ÓN GCOMHAIRLE an 26 Meitheamh 2013 maidir le rochtain ar ghníomhaíocht institiúidí creidmheasa agus maoirseacht stuamachta ar institiúidí creidmheasa, lena leasaítear Treoir 2002/87/CE agus lena n‐aisghairtear Treoracha 2006/48/CE agus 2006/49/CE ◄ (Text with EEA relevance) (IO L 176 27.6.2013, lch. 338)

Arna leasú le:





Arna ceartú le:







(*) Níor foilsíodh an gníomh seo i nGaeilge









▼B

▼M6

TREOIR 2013/36/AE Ó PHARLAIMINT NA HEORPA AGUS ÓN GCOMHAIRLE

an 26 Meitheamh 2013

maidir le rochtain ar ghníomhaíocht institiúidí creidmheasa agus maoirseacht stuamachta ar institiúidí creidmheasa, lena leasaítear Treoir 2002/87/CE agus lena n‐aisghairtear Treoracha 2006/48/CE agus 2006/49/CE

▼B

(Text with EEA relevance)







TITLE I

SUBJECT MATTER, SCOPE AND DEFINITIONS

▼M6

Airteagal 1

Ábhar

Leis an Treoir seo, leagtar rialacha síos maidir leis an méid seo a leanas:

(a) rochtain ar ghníomhaíocht institiúidí creidmheasa;

(b) cumhachtaí maoirseachta agus uirlisí le haghaidh maoirseacht stuamachta a dhéanann údaráis inniúla ar institiúidí creidmheasa;

(c) an mhaoirseacht stuamachta a dhéanann údaráis inniúla ar institiúidí creidmheasa ar bhealach atá comhsheasmhach leis na rialacha a leagtar amach i Rialachán (AE) Uimh. 575/2013;

(d) ceanglais foilseacháin maidir le húdaráis inniúla i réimse an rialaithe stuamachta agus na maoirseachta ar institiúidí creidmheasa.

▼B

Article 2

Scope

1. This Directive shall apply to institutions.

▼M6 —————

▼B

4. Article 34 and Title VII, Chapter 3 shall apply to financial holding companies, mixed financial holding companies and mixed-activity holding companies which have their head offices in the Union;

▼M5

5. Ní bheidh feidhm ag an Treoir seo maidir leis na nithe seo a leanas: ▼M6 ————— ▼M5 (2) bainc cheannais; (3) institiúidí gíoró postoifige; (4) sa Danmhairg, “Eksport Kredit Fonden”, “Eksport Kredit Fonden A/S”, “Danmarks Skibskredit A/S” agus “KommuneKredit”; (5) sa Ghearmáin, “Kreditanstalt für Wiederaufbau”, “Landwirtschaftliche Rentenbank”, “Bremer Aufbau-Bank GmbH”, “Hamburgische Investitions- und Förderbank”, “Investitionsbank Berlin”, “Investitionsbank des Landes Brandenburg”, “Investitionsbank Schleswig-Holstein”, “Investitions- und Förderbank Niedersachsen – NBank”, “Investitions- und Strukturbank Rheinland-Pfalz”, “Landeskreditbank Baden-Württemberg – Förderbank”, “LfA Förderbank Bayern”, “NRW.BANK”, “Saarländische Investitionskreditbank AG”, “Sächsische Aufbaubank – Förderbank”, “Thüringer Aufbaubank”, gnóthais a aithnítear faoi “Wohnungsgemeinnützigkeitsgesetz” mar chomhlachtaí beartais tithíochta Stáit agus nach idirbhearta baincéireachta atá mar phríomhghníomhaíocht acu, agus gnóthais a aithnítear faoin dlí sin mar ghnóthais tithíochta neamhbhrabúis; (6) san Eastóin, “hoiu-laenuühistud”, mar chomhghnóthais a aithnítear faoi “hoiu-laenuühistu seadus”; (7) in Éirinn, “Corparáid Baincéireachta Straitéiseach na hÉireann/the Strategic Banking Corporation”, “comhair chreidmheasa/credit unions” agus “cara-chumainn/friendly societies”; (8) sa Ghréig, “Ταμείο Παρακαταθηκών και Δανείων” (Tamio Parakatathikon kai Danion); (9) sa Spáinn, “Instituto de Crédito Oficial”; (10) sa Fhrainc, “Caisse des dépôts et consignations”; (11) sa Chróit, “kreditne unije' agus” Hrvatska banka za obnovu i razvitak'; (12) san Iodáil, “Cassa depositi e prestiti”; (13) sa Laitvia, “krājaizdevu sabiedrības”, gnóthais a aithnítear faoi “krājaizdevu sabiedrību likums” mar chomhghnóthais a sholáthraíonn seirbhísí airgeadais dá gcomhaltaí amháin; (14) sa Liotuáin, “kredito unijos” seachas “centrinės kredito unijos”; (15) san Ungáir, “MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság” agus “Magyar Export-Import Bank Zártkörűen Működő Részvénytársaság”; (16) i Málta, “The Malta Development Bank”; (17) san Ísiltír, “Nederlandse Investeringsbank voor Ontwikkelingslanden NV”, “NV Noordelijke Ontwikkelingsmaatschappij”, “NV Limburgs Instituut voor Ontwikkeling en Financiering”, “Ontwikkelingsmaatschappij Oost-Nederland NV” agus kredietunies; (18) san Ostair, gnóthais a aithnítear mar chomhlachais tithíochta chun leas an phobail agus “Österreichische Kontrollbank AG”; (19) sa Pholainn, “Spółdzielcze Kasy Oszczędnościowo — Kredytowe” agus “Bank Gospodarstwa Krajowego”; (20) sa Phortaingéil, “Caixas Económicas” a bhí ann an 1 Eanáir 1986 seachas iad sin a ionchorpraíodh mar chuideachtaí teoranta agus mar chuideachtaí de “Caixa Económica Montepio Geral”; (21) sa tSlóivéin, “SID-Slovenska izvozna in razvojna banka, d.d. Ljubljana”; (22) san Fhionlainn, “Teollisen yhteistyön rahasto Oy/Fonden för industriellt samarbete AB”, agus “Finnvera Oyj/Finnvera Abp”; (23) sa tSualainn, “Svenska Skeppshypotekskassan”; (24) sa Ríocht Aontaithe, “National Savings and Investments (NS&I)”, “CDC Group plc”, “Agricultural Mortgage Corporation Ltd”, “Crown Agents for overseas governments and administrations”, “credit unions” agus “municipal banks”.

▼M6

6. Caithfear leis na heintitis dá dtagraítear i bpointí (3) go (24) de mhír 5 den Airteagal seo mar institiúidí airgeadais chun críocha Airteagal 34 agus Theideal VII, Caibidil 3.

▼B

Article 3

Definitions

1. For the purposes of this Directive, the following definitions shall apply: (1) “credit institution” means credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013; (2) “investment firm” means investment firm as defined in point (2) of Article 4(1) of Regulation (EU) No 575/2013; (3) “institution” means institution as defined in point (3) of Article 4(1) of Regulation (EU) No 575/2013; ▼M6 ————— ▼B (5) “insurance undertaking” means insurance undertaking as defined in point (5) of Article 4(1) of Regulation (EU) No 575/2013; (6) “reinsurance undertaking” means reinsurance undertaking as defined in point (6) of Article 4(1) of Regulation (EU) No 575/2013; (7) “management body” means an institution's body or bodies, which are appointed in accordance with national law, which are empowered to set the institution's strategy, objectives and overall direction, and which oversee and monitor management decision-making, and include the persons who effectively direct the business of the institution; (8) “management body in its supervisory function” means the management body acting in its role of overseeing and monitoring management decision-making; (9) “senior management” means those natural persons who exercise executive functions within an institution and who are responsible, and accountable to the management body, for the day-to-day management of the institution; (10) “systemic risk” means a risk of disruption in the financial system with the potential to have serious negative consequences for the financial system and the real economy; (11) “model risk” means the potential loss an institution may incur, as a consequence of decisions that could be principally based on the output of internal models, due to errors in the development, implementation or use of such models; (12) “originator” means originator as defined in point (13) of Article 4(1) of Regulation (EU) No 575/2013; (13) “sponsor” means sponsor as defined in point (14) of Article 4(1) of Regulation (EU) No 575/2013; (14) “parent undertaking” means parent undertaking as defined in point (15) of Article 4(1) of Regulation (EU) No 575/2013; (15) “subsidiary” means subsidiary as defined in point (16) of Article 4(1) of Regulation (EU) No 575/2013; (16) “branch” means branch as defined in point (17) of Article 4(1) of Regulation (EU) No 575/2013; (17) “ancillary services undertaking” means ancillary services undertaking as defined in point (18) of Article 4(1) of Regulation (EU) No 575/2013; (18) “asset management company” means asset management company as defined in point (19) of Article 4(1) of Regulation (EU) No 575/2013; (19) “financial holding company” means financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013; (20) “mixed financial holding company” means mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013; (21) “mixed activity holding company” means mixed activity holding company as defined in point (22) of Article 4(1) of Regulation (EU) No 575/2013; (22) “financial institution” means financial institution as defined in point (26) of Article 4(1) of Regulation (EU) No 575/2013; (23) “financial sector entity” means financial sector entity as defined in point (27) of Article 4(1) of Regulation (EU) No 575/2013; (24) “parent institution in a Member State” means parent institution in a Member State as defined in point (28) of Article 4(1) of Regulation (EU) No 575/2013; (25) “EU parent institution” means EU parent institution as defined in point (29) of Article 4(1) of Regulation (EU) No 575/2013; (26) “parent financial holding company in a Member State” means parent financial holding company in a Member State as defined in point (30) of Article 4(1) of Regulation (EU) No 575/2013; (27) “EU parent financial holding company” means EU parent financial holding company as defined in point (31) of Article 4(1) of Regulation (EU) No 575/2013; (28) “parent mixed financial holding company in a Member State” means parent mixed financial holding company in a Member State as defined in point (32) of Article 4(1) of Regulation (EU) No 575/2013; (29) “EU parent mixed financial holding company” means EU parent mixed financial holding company as defined in point (33) of Article 4(1) of Regulation (EU) No 575/2013; (30) “systemically important institution” means an EU parent institution, an EU parent financial holding company, an EU parent mixed financial holding company or an institution the failure or malfunction of which could lead to systemic risk; (31) “central counterparty” means central counterparty as defined in point (34) of Article 4(1) of Regulation (EU) No 575/2013; (32) “participation” means participation as defined in point (35) of Article 4(1) of Regulation (EU) No 575/2013; (33) “qualifying holding” means qualifying holding as defined in point (36) of Article 4(1) of Regulation (EU) No 575/2013; (34) “control” means control as defined in point (37) of Article 4(1) of Regulation (EU) No 575/2013; (35) “close links” means close links as defined in point (38) of Article 4(1) of Regulation (EU) No 575/2013; (36) “competent authority” means competent authority as defined in point (40) of Article 4(1) of Regulation (EU) No 575/2013; (37) “consolidating supervisor” means consolidating supervisor as defined in point (41) of Article 4(1) of Regulation (EU) No 575/2013; (38) “authorisation” means authorisation as defined in point (42) of Article 4(1) of Regulation (EU) No 575/2013; (39) “home Member State” means home Member State as defined in point (43) of Article 4(1) of Regulation (EU) No 575/2013; (40) “host Member State” means host Member State as defined in point (44) of Article 4(1) of Regulation (EU) No 575/2013; (41) “ESCB central banks” means ESCB central banks as defined in point (45) of Article 4(1) of Regulation (EU) No 575/2013; (42) “central banks” means central banks as defined in point (46) of Article 4(1) of Regulation (EU) No 575/2013; (43) “consolidated situation” means consolidated situation as defined in point (47) of Article 4(1) of Regulation (EU) No 575/2013; (44) “consolidated basis” means consolidated basis as defined in point (48) of Article 4(1) of Regulation (EU) No 575/2013; (45) “sub-consolidated basis” means sub-consolidated basis as defined in point (49) of Article 4(1) of Regulation (EU) No 575/2013; (46) “financial instrument” means financial instrument as defined in point (50) of Article 4(1) of Regulation (EU) No 575/2013; (47) “own funds” means own funds as defined in point (118) of Article 4(1) of Regulation (EU) No 575/2013; (48) “operational risk” means operational risk as defined in point (52) of Article 4(1) of Regulation (EU) No 575/2013; (49) “credit risk mitigation” means credit risk mitigation as defined in point (57) of Article 4(1) of Regulation (EU) No 575/2013; (50) “securitisation” means securitisation as defined in point (61) of Article 4(1) of Regulation (EU) No 575/2013; (51) “securitisation position” means securitisation position as defined in point (62) of Article 4(1) of Regulation (EU) No 575/2013; (52) “securitisation special purpose entity” means securitisation special purpose entity as defined in point (66) of Article 4(1) of Regulation (EU) No 575/2013; (53) “discretionary pension benefits” means discretionary pension benefits as defined in point (73) of Article 4(1) of Regulation (EU) No 575/2013; (54) “trading book” means trading as defined in point (86) of Article 4(1) of Regulation (EU) No 575/2013; (55) “regulated market” means regulated market as defined in point (92) of Article 4(1) of Regulation (EU) No 575/2013; (56) “leverage” means leverage as defined in point (93) of Article 4(1) of Regulation (EU) No 575/2013; (57) “risk of excessive leverage” means risk of excessive leverage as defined in point (94) of Article 4(1) of Regulation (EU) No 575/2013; (58) “external credit assessment institution” means external credit assessment institution as defined in point (98) of Article 4(1) of Regulation (EU) No 575/2013; (59) “internal approaches” means the internal ratings based approach referred to in Article 143(1), the internal models approach referred to in Article 221, the own estimates approach referred to in Article 225, the advanced measurement approaches referred to in Article 312(2), the internal models method referred to in Articles 283 and 363, and the internal assessment approach referred to in Article 259(3) of Regulation (EU) No 575/2013; ▼M5 (60) ciallaíonn “údarás réitigh” údarás réitigh mar a shainmhínítear é i bpointe (18) d'Airteagal 2(1) de Threoir 2014/59/AE ó Pharlaimint na hEorpa agus ón gComhairle ( 1 ); (61) ciallaíonn “institiúid a bhfuil tábhacht shistéamach dhomhanda léi” nó “G-SII” G-SII mar a shainmhínítear é i bpointe (133) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013; (62) ciallaíonn “institiúid neamh-AE a bhfuil tábhacht shistéamach dhomhanda léi” nó “G-SII neamh-AE” G-SII neamh-AE mar a shainmhínítear é i bpointe (134) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013; (63) ciallaíonn “grúpa” grúpa mar a shainmhínítear é i bpointe (138) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013; (64) ciallaíonn “grúpa tríú tír” grúpa tríú tír a mbunaítear an máthairghnóthas i dtríú tír; (65) ciallaíonn “beartas inscne-neodrach um luach saothair” beartas luacha saothair atá bunaithe ar phá comhionann as obair chomhionann nó obair ar comhionann a luach a bheith ag dul d'oibrithe fireanna agus d'oibrithe baineanna. ▼B

2. Where this Directive refers to the management body and, pursuant to national law, the managerial and supervisory functions of the management body are assigned to different bodies or different members within one body, the Member State shall identify the bodies or members of the management body responsible in accordance with its national law, unless otherwise specified by this Directive.

▼M5

3. Chun a áirithiú go mbeidh ceanglais nó cumhachtaí maoirseachta a leagtar síos sa Treoir seo nó i Rialachán (AE) Uimh. 575/2013 i bhfeidhm ar bhonn comhdhlúite nó ar bhonn fo-chomhdhlúite i gcomhréir leis an Treoir seo agus leis an Rialachán sin, áireofar ar na téarmaí “institiúid”, “máthairinstitiúid i mBallstát”, “máthairinstitiúid AE” agus “máthairghnóthas” an méid seo a leanas freisin: (a) cuideachtaí sealbhaíochta airgeadais agus cuideachtaí sealbhaíochta airgeadais mheasctha ar formheasadh iad i gcomhréir le hAirteagal 21a den Treoir seo; (b) institiúidí ainmnithe arna rialú ag máthairchuideachta shealbhaíochta airgeadais AE nó máthairchuideachta shealbhaíochta airgeadais mheasctha AE, máthairchuideachta shealbhaíochta airgeadais i mBallstát nó máthairchuideachta shealbhaíochta airgeadais mheasctha i mBallstát i gcás nach bhfuil an mháthairchuideachta ábhartha faoi réir a formheasa i gcomhréir le hAirteagal 21a(4) den Treoir seo; agus (c) cuideachtaí sealbhaíochta airgeadais, cuideachtaí sealbhaíochta airgeadais mheasctha nó institiúidí ainmnithe de bhun phointe (d) d'Airteagal 21a(6) den Treoir seo.

▼B







TITLE II

COMPETENT AUTHORITIES

Article 4

Designation and powers of the competent authorities

1. Member States shall designate competent authorities that carry out the functions and duties provided for in this Directive and in Regulation (EU) No 575/2013. They shall inform the Commission and EBA thereof, indicating any division of functions and duties.

2. Member States shall ensure that the competent authorities monitor the activities of institutions, and where applicable, of financial holding companies and mixed financial holding companies, so as to assess compliance with the requirements of this Directive and Regulation (EU) No 575/2013.

3. Member States shall ensure that appropriate measures are in place to enable the competent authorities to obtain the information needed to assess the compliance of institutions and, where applicable, of financial holding companies and mixed financial holding companies, with the requirements referred to in paragraph 2 and to investigate possible breaches of those requirements.

4. Member States shall ensure that the competent authorities have the expertise, resources, operational capacity, powers and independence necessary to carry out the functions relating to prudential supervision, investigations and penalties set out in this Directive and in Regulation (EU) No 575/2013.

5. Member States shall require that institutions provide the competent authorities of their home Member States with all the information necessary for the assessment of their compliance with the rules adopted in accordance with this Directive and Regulation (EU) No 575/2013. Member States shall also ensure that internal control mechanisms and administrative and accounting procedures of the institutions permit the checking of their compliance with such rules at all times.

6. Member States shall ensure that institutions register all their transactions and document systems and processes, which are subject to this Directive and Regulation (EU) No 575/2013 in such a manner that the competent authorities are able to check compliance with this Directive and Regulation (EU) No 575/2013 at all times.

7. Member States shall ensure that the functions of supervision pursuant to this Directive and to Regulation (EU) No 575/2013 and any other functions of the competent authorities are separate and independent from the functions relating to resolution. Member States shall inform the Commission and EBA thereof, indicating any division of duties.

▼M5

8. Áiritheoidh na Ballstáit, i gcás ina bhfuil cumhacht an réitigh ag údaráis seachas údaráis inniúla, go mbeidh na húdaráis eile sin ag obair i ndlúthchomhar leis na húdaráis inniúla agus go mbeidh siad ag dul i gcomhairle leo maidir le pleananna réitigh a ullmhú agus i ngach cás eile nuair a cheanglaítear an comhar sin agus an comhairliúchán sin leis an Treoir seo, le Treoir 2014/59/AE nó le Rialachán (AE) Uimh. 575/2013.

▼M6

Airteagal 5

Comhordú laistigh de na Ballstáit

Déanfaidh na Ballstáit ag a bhfuil níos mó ná údarás inniúil amháin le haghaidh na maoirseachta stuamachta ar institiúidí creidmheasa agus institiúidí airgeadais na bearta is gá chun comhordú a eagrú idir údaráis den sórt sin.

▼B

Article 6

Cooperation within the European System of Financial Supervision

In the exercise of their duties, the competent authorities shall take into account the convergence in respect of supervisory tools and supervisory practices in the application of the laws, regulations and administrative requirements adopted pursuant to this Directive and to Regulation (EU) No 575/2013. For that purpose, Member States shall ensure that:

(a) the competent authorities, as parties to the European System of Financial Supervision (ESFS), cooperate with trust and full mutual respect, in particular when ensuring the flow of appropriate and reliable information between them and other parties to the ESFS, in accordance with the principle of sincere cooperation set out in Article 4(3) of the Treaty on European Union;

(b) the competent authorities participate in the activities of EBA and, as appropriate, in the colleges of supervisors;

(c) the competent authorities make every effort to comply with those guidelines and recommendations issued by EBA in accordance with Article 16 of Regulation (EU) No 1093/2010 and to respond to the warnings and recommendations issued by the ESRB pursuant to Article 16 of Regulation (EU) No 1092/2010;

(d) the competent authorities cooperate closely with the ESRB;

(e) national mandates conferred on the competent authorities do not inhibit the performance of their duties as members of EBA, of the ESRB, where appropriate, or under this Directive and under Regulation (EU) No 575/2013.

Article 7

Union dimension of supervision

The competent authorities in each Member State shall, in the exercise of their general duties, duly consider the potential impact of their decisions on the stability of the financial system in the other Member States concerned and, in particular, in emergency situations, based on the information available at the relevant time.







TITLE III

REQUIREMENTS FOR ACCESS TO THE ACTIVITY OF CREDIT INSTITUTIONS







CHAPTER 1

General requirements for access to the activity of credit institutions

Article 8

Authorisation

1. Member States shall require credit institutions to obtain authorisation before commencing their activities. Without prejudice to Articles 10 to 14, they shall lay down the requirements for such authorisation and notify EBA.

2. EBA shall develop draft regulatory technical standards to specify: ▼M5 (a) an fhaisnéis atá le cur ar fáil do na húdaráis inniúla san iarratas chun institiúidí creidmheasa a údarú, lena n-áirítear clár na n-oibríochtaí, struchtúr eagraíochtúil agus socruithe rialachais dá bhforáiltear in Airteagal 10; (b) na ceanglais a bhfuil feidhm acu maidir le scairshealbhóirí agus comhaltaí a bhfuil sealúchais cháilitheacha acu, nó, i gcás nach bhfuil aon sealúchais cháilitheacha ann, maidir leis an 20 scairshealbhóir nó comhalta is mó, de bhun Airteagal 14; agus ▼B (c) obstacles which may prevent effective exercise of the supervisory functions of the competent authority, as referred to in Article 14.

Power is delegated to the Commission to adopt the regulatory technical standards referred to in points (a), (b) and (c) of the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010.

3. EBA shall develop draft implementing technical standards on standard forms, templates and procedures for the provision of the information referred to in point (a) of the first subparagraph of paragraph 2.

Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1093/2010.

4. EBA shall submit the draft technical standards referred to in paragraphs 2 and 3 to the Commission by 31 December 2015.

▼M5

5. Eiseoidh ÚBE treoirlínte, i gcomhréir le hAirteagal 16 de Rialachán (AE) Uimh. 1093/2010, chuig na húdaráis inniúla chun modheolaíocht chomh-mheasúnaithe a shonrú chun údaruithe a dheonú i gcomhréir leis an Treoir seo.

▼M6

Airteagal 8a

Ceanglais shonracha maidir le húdarú institiúidí creidmheasa dá dtagraítear i bpointe (1)(b) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013

1. Ceanglóidh na Ballstáit ar na gnóthais dá dtagraítear i bpointe (1)(b) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013 a fuair údarú cheana de bhun Theideal II de Threoir 2014/65/AE iarratas ar údarú a chur isteach i gcomhréir le hAirteagal 8, an lá a tharlaíonn ceachtar den dá imeacht seo a leanas ar a dhéanaí: (a) is ionann meán na sócmhainní iomlána míosúla, arna ríomh thar thréimhse 12 mhí tar éis a chéile, agus EUR 30 billiún nó is mó an meán sin ná EUR 30 billiún; nó (b) is lú meán na sócmhainní iomlána míosúla, arna ríomh thar thréimhse 12 mhí tar éis a chéile, ná EUR 30 billiún, agus tá an gnóthas ina chuid de ghrúpa inarb ionann agus EUR 30 billiún nó inar mó ná EUR 30 billiún luach iomlán shócmhainní comhdhlúite na ngnóthas uile sa ghrúpa ar lú ná EUR 30 billiún na sócmhainní iomlána atá ag gach ceann acu ar bhonn aonair agus a dhéanann aon cheann de na gníomhaíochtaí dá dtagraítear i bpointí (3) agus (6) de Roinn A d'Iarscríbhinn I a ghabhann le Treoir 2014/65/AE, agus an dá cheann á ríomh mar mheán thar thréimhse 12 mhí tar éis a chéile.

2. Féadfaidh na gnóthais dá dtagraítear i mír 1 den Airteagal seo leanúint de bheith ag déanamh na ngníomhaíochtaí dá dtagraítear i bpointe (1)(b) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013 go dtí go bhfaighidh siad an t‐údarú dá dtagraítear i mír 1 den Airteagal seo.

3. De mhaolú ar mhír 1 den Airteagal seo, déanfaidh na gnóthais dá dtagraítear i bpointe (1)(b) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013 a bheidh, an 24 Nollaig 2019, ag déanamh gníomhaíochtaí mar ghnólachtaí infheistíochta atá údaraithe faoi Threoir 2014/65/AE, déanfaidh siad iarratas ar údarú i gcomhréir le hAirteagal 8 den Treoir seo faoin 27 Nollaig 2020.

4. I gcás ina gcinnfidh an t‐údarás inniúil, tar éis dó an fhaisnéis a fháil i gcomhréir le hAirteagal 95a de Threoir 2014/65/EU go bhfuil nach mór gnóthas a údarú mar institiúid creidmheasa i gcomhréir le hAirteagal 8 den Treoir seo, tabharfaidh sé fógra don ghnóthas agus don údarás inniúil mar a shainmhínítear é i bpointe (26) d'Airteagal 4(1) de Threoir 2014/65/AE agus glacfaidh sé an nós imeachta údarúcháin air féin ó dháta an fhógra sin.

5. I gcásanna ina ndéanfar ath-údarú, áiritheoidh an t‐údarás inniúil údarúcháin go ndéanfar an próiseas a chuíchóiriú a mhéid is féidir agus go gcuirfear san áireamh an fhaisnéis ó na húdaruithe atá ann cheana.

6. Forbróidh ÚBE dréachtchaighdeáin theicniúla rialála chun na nithe seo a leanas a shonrú: (a) an fhaisnéis a bheidh le tabhairt ag an ngnóthas do na húdaráis inniúla san iarratas ar an údarú, lena n‐áirítear clár na n‐oibríochtaí dá bhforáiltear in Airteagal 10; (b) an mhodheolaíocht chun na tairseacha a ríomh dá dtagraítear i mír 1. Tarmligtear an chumhacht chuig an gCoimisiún chun an Treoir seo a fhorlíonadh trí na dréachtchaighdeáin theicniúla rialála dá dtagraítear i bpointí (a) agus (b) den chéad fhomhír a ghlacadh i gcomhréir le hAirteagail 10 go 14 de Rialachán (AE) Uimh. 1093/2010. Cuirfidh ÚBE na dréachtchaighdeáin theicniúla rialála sin faoi bhráid an Choimisiúin faoin 26 Nollaig 2020.

▼B

Article 9

Prohibition against persons or undertakings other than credit institutions from carrying out the business of taking deposits or other repayable funds from the public

1. Member States shall prohibit persons or undertakings that are not credit institutions from carrying out the business of taking deposits or other repayable funds from the public.

2. Paragraph 1 shall not apply to the taking of deposits or other funds repayable by a Member State, or by a Member State's regional or local authorities, by public international bodies of which one or more Member States are members, or to cases expressly covered by national or Union law, provided that those activities are subject to regulations and controls intended to protect depositors and investors.

▼M5

3. Tabharfaidh na Ballstáit fógra don Choimisiún agus do ÚBE faoi na dlíthe náisiúnta lena gceadaítear go sainráite do ghnóthais seachas institiúidí creidmheasa dul i mbun gnó taiscí agus cistí inaisíoctha eile a ghlacadh ón bpobal.

4. De bhun an Airteagail seo, ní fhéadfaidh na Ballstáit institiúidí creidmheasa a dhíolmhú ó chur i bhfeidhm na Treorach seo ná Rialachán (AE) Uimh. 575/2013.

▼M5

Airteagal 10

Clár na n-oibríochtaí, struchtúr eagraíochtúil agus socruithe rialachais

1. Éileoidh na Ballstáit go ngabhfaidh clár oibríochtaí le hiarratais ar údarú ar clár oibríochtaí é lena leagtar amach na cineálacha gnó atáthar ag brath a dhéanamh agus struchtúr eagraíochtúil na hinstitiúide creidmheasa, lena n-áirítear na máthairghnóthais, cuideachtaí sealbhaíochta airgeadais agus cuideachtaí sealbhaíochta airgeadais mheasctha laistigh den ghrúpa a shonrú. Éileoidh na Ballstáit go mbeidh cur síos ar na socruithe, na próisis agus na sásraí dá dtagraítear in Airteagal 74(1) ag gabháil leis na hiarratais ar údarú.

2. Diúltóidh na húdaráis inniúla don údarú gníomhaíocht institiúide creidmheasa a thosú ach amháin má tá siad sásta gur féidir leis an institiúid sin bainistiú riosca fónta éifeachtach a dhéanamh leis na socruithe, na próisis agus na sásraí da dtagraítear in Airteagal 74(1).

▼B

Article 11

Economic needs

Member States shall not require the application for authorisation to be examined in terms of the economic needs of the market.

Article 12

Initial capital

1. Without prejudice to other general conditions laid down in national law, the competent authorities shall refuse authorisation to commence the activity of a credit institution where a credit institution does not hold separate own funds or where its initial capital is less than EUR 5 million.

2. Initial capital shall comprise only one or more of the items referred to in Article 26(1)(a) to (e) of Regulation (EU) No 575/2013.

3. Member States may decide that credit institutions which do not fulfil the requirement to hold separate own funds and which were in existence on 15 December 1979 may continue to carry out their business. They may exempt such credit institutions from complying with the requirement contained in the first subparagraph of Article 13(1).

4. Member States may grant authorisation to particular categories of credit institutions the initial capital of which is less than that specified in paragraph 1, subject to the following conditions: (a) the initial capital is no less than EUR 1 million; (b) the Member States concerned notify the Commission and EBA of their reasons for exercising that option.

Article 13

Effective direction of the business and place of the head office

1. The competent authorities shall grant authorisation to commence the activity of a credit institution only where at least two persons effectively direct the business of the applicant credit institution.

They shall refuse such authorisation if the members of the management body do not meet the requirements referred to in Article 91(1).

2. Each Member State shall require that: (a) a credit institution which is a legal person and which, under its national law, has a registered office, has its head office in the same Member State as its registered office; (b) a credit institution other than that referred to in point (a) has its head office in the Member State which granted it authorisation and in which it actually carries out its business.

Article 14

Shareholders and members

1. The competent authorities shall refuse authorisation to commence the activity of a credit institution unless a credit institution has informed them of the identities of its shareholders or members, whether direct or indirect, natural or legal persons, that have qualifying holdings and of the amounts of those holdings or, where there are no qualifying holdings, of the 20 largest shareholders or members.

In determining whether the criteria for a qualifying holding are fulfilled, the voting rights referred to in Articles 9 and 10 of Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market ( 2 ) and the conditions regarding aggregation thereof set out in Article 12(4) and (5) of that Directive, shall be taken into account.

Member States shall not take into account voting rights or shares which institutions hold as a result of providing the underwriting of financial instruments or placing of financial instruments on a firm commitment basis included under point 6 of Section A of Annex I to Directive 2004/39/EC, provided that those rights are not exercised or otherwise used to intervene in the management of the issuer and are disposed of within one year of acquisition.

▼M5

2. Diúltóidh údaráis inniúla don údarú gníomhaíocht institiúide creidmheasa a thosú más rud é, agus an gá atá le bainistíocht fhónta agus stuama institiúide creidmheasa a áirithiú á chur san áireamh, nach bhfuil siad sásta faoi oiriúnacht na scairshealbhóirí nó na gcomhaltaí i gcomhréir leis na critéir a leagtar amach in Airteagal 23(1). Beidh feidhm ag Airteagal 23(2) agus (3) agus ag Airteagal 24.

▼B

3. Where close links exist between the credit institution and other natural or legal persons, competent authorities shall grant authorisation only if those links do not prevent the effective exercise of their supervisory functions.

The competent authorities shall refuse authorisation to commence the activity of a credit institution where the laws, regulations or administrative provisions of a third country governing one or more natural or legal persons with which the credit institution has close links, or difficulties involved in the enforcement of those laws, regulations or administrative provisions, prevent the effective exercise of their supervisory functions.

The competent authorities shall require credit institutions to provide them with the information they require to monitor compliance with the conditions referred to in this paragraph on an ongoing basis.

Article 15

Refusal of authorisation

Where a competent authority refuses authorisation to commence the activity of a credit institution, it shall notify the applicant of the decision and the reasons therefor within six months of receipt of the application or, where the application is incomplete, within six months of receipt of the complete information required for the decision.

A decision to grant or refuse authorisation shall, in any event, be taken within 12 months of the receipt of the application.

Article 16

Prior consultation of the competent authorities of other Member States

1. The competent authority shall, before granting authorisation to a credit institution, consult the competent authorities of another Member State where the credit institution is: (a) a subsidiary of a credit institution authorised in that other Member State; (b) a subsidiary of the parent undertaking of a credit institution authorised in that other Member State; (c) controlled by the same natural or legal persons as those who control a credit institution authorised in that other Member State.

2. The competent authority shall, before granting authorisation to a credit institution, consult the competent authority that is responsible for the supervision of insurance undertakings or investment firms in the Member State concerned where the credit institution is: (a) a subsidiary of an insurance undertaking or investment firm authorised in the Union; (b) a subsidiary of the parent undertaking of an insurance undertaking or investment firm authorised in the Union; (c) controlled by the same natural or legal persons as those who control an insurance undertaking or investment firm authorised in the Union.

3. The relevant competent authorities referred to in paragraphs 1 and 2 shall in particular consult each other when assessing the suitability of the shareholders and the reputation and experience of members of the management body involved in the management of another entity of the same group. They shall exchange any information regarding the suitability of shareholders and the reputation and experience of members of the management body which is of relevance for the granting of an authorisation and for the ongoing assessment of compliance with operating conditions.

Article 17

Branches of credit institutions authorised in another Member State

Host Member States shall not require authorisation or endowment capital for branches of credit institutions authorised in other Member States. The establishment and supervision of such branches shall be effected in accordance with Article 35, Article 36(1), (2) and (3), Article 37, Articles 40 to 46, Article 49 and Articles 74 and 75.

Article 18

Withdrawal of authorisation

The competent authorities may only withdraw the authorisation granted to a credit institution where such a credit institution:

(a) does not make use of the authorisation within 12 months, expressly renounces the authorisation or has ceased to engage in business for more than six months, unless the Member State concerned has made provision for the authorisation to lapse in such cases;

▼M6

(aa) úsáideann sí a údarú chun na gníomhaíochtaí dá dtagraítear i bpointe (1)(b) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013, agus na gníomhaíochtaí sin amháin, a dhéanamh agus bhí meán a sócmhainní iomlána faoi bhun na dtairseach a leagtar amach san Airteagal sin ar feadh cúig bliana as a chéile;

▼B

(b) has obtained the authorisation through false statements or any other irregular means;

(c) no longer fulfils the conditions under which authorisation was granted;

▼M5

(d) ní chomhlíonann an institiúid na ceanglais stuamachta a leagtar amach i gCuid a Trí, a Ceathair nó a Sé a thuilleadh, cé is moite de na ceanglais a leagtar síos in Airteagail 92a agus 92b, de Rialachán (AE) Uimh. 575/2013 nó arna bhforchur faoi phointe (a) d'Airteagal 104(1) nó Airteagal 105 den Treoir seo nó ní féidir bheith ag brath ar an institiúid a thuilleadh chun a hoibleagáidí a chomhlíonadh i leith a cuid creidiúnaithe, agus, go háirithe, ní thugann sí urrús a thuilleadh le haghaidh na sócmhainní a chuir a taisceoirí faoina cúram;

▼B

(e) falls within one of the other cases where national law provides for withdrawal of authorisation; or

(f) commits one of the breaches referred to in Article 67(1).

Article 19

Name of credit institutions

For the purposes of exercising their activities, credit institutions may, notwithstanding any provisions in the host Member State concerning the use of the words “bank”, “savings bank” or other banking names, use throughout the territory of the Union the same name that they use in the Member State in which their head office is situated. In the event of there being any danger of confusion, the host Member State may, for the purposes of clarification, require that the name be accompanied by certain explanatory particulars.

Article 20

Notification of authorisation and withdrawal of authorisation

1. Competent authorities shall notify EBA of every authorisation granted under Article 8.

▼M6

2. Déanfaidh ÚBE liosta ainmneacha na n‐institiúidí creidmheasa uile a bhfuil údarú tugtha dóibh a fhoilsiú ar a shuíomh gréasáin agus déanfaidh sé an liosta sin a thabhairt cothrom le dáta ar bhonn bliantúil ar a laghad.

▼B

3. The consolidating supervisor shall provide the competent authorities concerned and EBA with all information regarding the group of credit institutions in accordance with Article 14(3), Article 74(1) and Article 109(2), in particular regarding the legal and organisational structure of the group and its governance.

▼M6

3a. Áireofar ar an liosta dá dtagraítear i mír 2 den Airteagal seo ainmneacha na ngnóthas dá dtagraítear i bpointe (1)(b) d'Airteagal 4(1) de Rialachán (AE) Uimh. 575/2013 agus sainaithneofar ann na hinstitiúidí creidmheasa sin dá réir. Tabharfar breac-chuntas sa liosta sin freisin ar athrú ar bith i gcomparáid leis an leagan den liosta a bhí ann roimhe sin.

▼B

4. The list referred to in paragraph 2 of this Article shall include the names of credit institutions that do not have the capital specified in Article 12(1) and shall identify those credit institutions as such.

5. The competent authorities shall notify EBA of each withdrawal of authorisation together with the reasons for such a withdrawal.

Article 21

Waiver for credit institutions permanently affiliated to a central body

1. The competent authorities may waive the requirements set out in Articles 10 and 12 and Article 13(1) of this Directive with regard to a credit institution referred to in Article 10 of Regulation (EU) No 575/2013 in accordance with the conditions set out therein.

Member States may maintain and make use of existing national law regarding the application of such a waiver provided that it does not conflict with this Directive or with Regulation (EU) No 575/2013.

2. Where the competent authorities exercise a waiver referred to in paragraph 1, Articles 17, 33, 34 and 35, Article 36(1) to (3), Articles 39 to 46, Section II of Chapter 2 of Title VII and Chapter 4 of Title VII shall apply to the whole as constituted by the central body together with its affiliated institutions.

▼M5

Airteagal 21a

Cuideachtaí sealbhaíochta airgeadais agus cuideachtaí sealbhaíochta airgeadais mheasctha a fhormheas

1. Féachfaidh máthairchuideachtaí sealbhaíochta airgeadais i mBallstát, máthairchuideachtaí sealbhaíochta airgeadais mheasctha i mBallstát, máthairchuideachtaí sealbhaíochta airgeadais AE agus máthairchuideachtaí sealbhaíochta airgeadais mheasctha AE le formheas a fháil i gcomhréir leis an Airteagal seo. Féachfaidh cuideachtaí sealbhaíochta airgeadais eile nó cuideachtaí sealbhaíochta airgeadais mheasctha eile le formheas a fháil i gcomhréir leis an Airteagal seo i gcás inar gá dóibh an Treoir seo nó Rialachán (AE) Uimh. 575/2013 a chomhlíonadh ar bhonn fo-chomhdhlúite.

2. Chun críocha mhír 1, cuirfidh cuideachtaí sealbhaíochta airgeadais agus cuideachtaí sealbhaíochta airgeadais mheasctha dá dtagraítear inti an fhaisnéis a leanas ar fáil don mhaoirseoir comhdhlúthaithe agus, i gcás nach ionann iad, don údarás inniúil sa Bhallstát ina bhfuil siad lonnaithe: (a) struchtúr eagraíochtúil an ghrúpa a bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha mar chuid de, ina sonraítear go soiléir na fochuideachtaí agus, i gcás inarb infheidhme, na máthairghnóthais, agus suíomh agus cineál na gníomhaíochta a dhéanann gach ceann de na heintitis laistigh den ghrúpa; (b) faisnéis maidir le hainmniúchán beirte, ar a laghad, arb iad a dhéanann an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha a stiúradh agus maidir le comhlíonadh na gceanglas a leagtar amach in Airteagal 121 maidir le cáilíocht stiúrthóirí; (c) faisnéis maidir le comhlíonadh na gcritéar a leagtar amach in Airteagal 14 i ndáil le scairshealbhóirí agus comhaltaí, i gcás ina bhfuil institiúid creidmheasa ag an gcuideachta shealbhaíochta airgeadais nó ag an gcuideachta shealbhaíochta airgeadais mheasctha mar fhochuideachta; (d) eagrúchán inmheánach agus dáileadh na gcúraimí laistigh den ghrúpa; (e) aon fhaisnéis eile a d'fhéadfadh a bheith riachtanach chun an measúnú dá dtagraítear i míreanna 3 agus 4 den Airteagal seo a dhéanamh.

I gcás ina dtarlaíonn formheas na cuideachta sealbhaíochta airgeadais nó na cuideachta sealbhaíochta airgeadais mheasctha i gcomhthráth leis an measúnú dá dtagraítear in Airteagal 22, déanfaidh an t-údarás inniúil, chun críocha an Airteagail sin, de réir mar is iomchuí, comhordú leis an maoirseoir comhdhlúthaithe agus, más éagsúil, leis an údarás inniúil sa Bhallstát ina bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha bunaithe. ►C4 Sa chás sin, déanfar an tréimhse mheasúnaithe dá dtagraítear sa dara fomhír d’Airteagal 22(2) a chur ar fionraí ar feadh tréimhse níos faide ná 20 lá oibre go dtí go mbeidh an nós imeachta a leagtar amach san Airteagal seo curtha i gcrích. ◄

3. Ní fhéadfar cuideachta shealbhaíochta airgeadais nó cuideachta shealbhaíochta airgeadais mheasctha a fhormheas de bhun an Airteagail seo ach amháin i gcás ina bhfuil gach ceann de na coinníollacha seo a leanas comhlíonta: (a) tá socruithe agus dáileadh inmheánach na gcúraimí laistigh den ghrúpa leordhóthanach chun críocha na ceanglais a fhorchuirtear faoin Treoir seo agus faoi Rialachán (AE) Uimh. 575/2013 a chomhlíonadh ar bhonn comhdhlúite nó ar bhonn fo-chomhdhlúithe agus, go háirithe, tá éifeacht acu maidir leis an méid a leanas: (i) gach fochuideachta de chuid na cuideachta sealbhaíochta airgeadais nó na cuideachta sealbhaíochta airgeadais mheasctha a chomhordú, lena n-áirítear, i gcás inar gá, trí dháileadh leordhóthanach na gcúraimí i measc fo-institiúidí; (ii) coinbhleachtaí idirghrúpa a chosc nó a bhainistiú; agus (iii) na beartais uile-ghrúpa arna leagan síos ag an máthairchuideachta shealbhaíochta airgeadais nó ag an máthairchuideachta shealbhaíochta airgeadais mheasctha a fhorfheidhmiú ar fud an ghrúpa; (b) ní chuireann struchtúr eagraíochtúil an ghrúpa a bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha mar chuid de, bac ar stiúradh éifeachtach na bhfo-institiúidí nó na máthairinstitiúídí i dtaca leis na hoibleagáidí aonair, comhdhlúite agus, i gcás inarb iomchuí, fo-chomhdhlúite a bhfuil siad faoina réir, ná ní dhéanann sé an méid sin a chosc ar bhealach eile. Leis an measúnú ar an gcritéar sin, cuirfear an méid a leanas san áireamh, go háirithe: (i) suíomh na cuideachta sealbhaíochta airgeadais nó na cuideachta sealbhaíochta airgeadais mheasctha i ngrúpa ilsrathach; (ii) struchtúr na scairshealbhóireachta; agus (iii) ról na cuideachta sealbhaíochta airgeadais nó na cuideachta sealbhaíochta airgeadais mheasctha laistigh den ghrúpa; (c) comhlíontar na critéir a leagtar amach in Airteagal 14 agus na ceanglais a leagtar síos in Airteagal 121.

4. Ní gá an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha a fhormheas faoin Airteagal seo i gcás ina gcomhlíonfar na coinníollacha uile seo a leanas: (a) is é príomhghníomhaíocht na cuideachta sealbhaíochta airgeadais sealúchais a fháil i bhfochuideachtaí nó, i gcás cuideachta sealbhaíochta airgeadais mheasctha, is é an phríomhghníomhaíocht atá aici i dtaca le hinstitiúidí nó institiúidí airgeadais sealúchais i bhfochuideachtaí a fháil; (b) níor ainmníodh an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha mar eintitis réitigh in aon cheann de ghrúpaí réitigh an ghrúpa i gcomhréir leis an straitéis réitigh arna chinneadh ag an údarás réitigh ábhartha de bhun Threoir 2014/59/AE; (c) tá fo-institiúid chreidmheasa ainmnithe le bheith freagrach as comhlíonadh na gceanglas stuamachta ag an ngrúpa ar bhonn comhdhlúite agus tugtar di na hacmhainní riachtanacha uile agus an t-údarás dlíthiúil chun na hoibleagáidí sin a chomhlíonadh ar bhealach éifeachtach; (d) níl an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha rannpháirteach i gcinntí bainistithe, oibríochtúla nó airgeadais a bhfuil tionchar acu ar an ngrúpa a dhéanamh nó a bhfuil tionchar acu ar a fhochuideachtaí atá ina n-institiúidí nó ina n-institiúidí airgeadais; (e) níl aon bhac ar mhaoirseacht éifeachtach a dhéanamh ar an ngrúpa ar bhonn comhdhlúite.

Cuideachtaí sealbhaíochta airgeadais nó cuideachtaí sealbhaíochta airgeadais mheasctha arna ndíolmhú óna bhformheas i gcomhréir leis an mír seo, ní dhéanfar iad a eisiamh ón imlíne chomhdhlúthaithe mar a leagtar síos í sa Treoir seo agus i Rialachán (AE) Uimh. 575/2013.

5. Déanfaidh an maoirseoir comhdhlúthaithe faireachán ar chomhlíonadh na gcoinníollacha dá dtagraítear i mír 3 nó, i gcás inarb infheidhme, i mír 4 ar bhonn leanúnach. Cuirfidh cuideachtaí sealbhaíochta airgeadais agus cuideachtaí sealbhaíochta airgeadais mheasctha an fhaisnéis atá riachtanach ar fáil don mhaoirseoir comhdhlúthaithe atá ag teastáil uaidh nó uaithi chun faireachán a dhéanamh ar bhonn leanúnach ar struchtúr eagraíochtúil an ghrúpa agus comhlíonadh na gcoinníollacha dá dtagraítear i mír 3 nó, i gcás inarb infheidhme, mír 4. Déanfaidh an maoirseoir comhdhlúthaithe an fhaisnéis sin a chomhroinnt leis an údarás inniúil sa Bhallstát ina bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha bunaithe.

6. I gcás inar chinn an maoirseoir comhdhlúthaithe nach bhfuil na coinníollacha a leagtar amach i mír 3 á gcomhlíonadh nó nach bhfuil siad á gcomhlíonadh a thuilleadh, beidh an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha faoi réir bearta maoirseachta iomchuí chun leanúnachas agus sláine na maoirseachta comhdhlúite agus comhlíonadh na gceanglas a leagtar síos sa Treoir seo agus i Rialachán (AE) Uimh. 575/2013 a áirithiú nó a thabhairt ar ais, de réir mar a bheidh, ar bhonn comhdhlúite. I gcás cuideachta shealbhaíochta airgeadais mheasctha, cuirfear san áireamh sna bearta maoirseachta, go háirithe, an tionchar ar an ilchuideachta airgeadais.

Féadfar an méid seo a leanas a bheith san áireamh, go háirithe, sna bearta maoirseachta dá dtagraítear sa chéad fhomhír:

(a) feidhmiú na gceart vótála a bhaineann le scaireanna na bhfo-institiúidí atá i seilbh na cuideachta sealbhaíochta airgeadais nó na cuideachta sealbhaíochta airgeadais mheasctha a chur ar fionraí;

(b) eisiúint urghairí nó pionós i gcoinne na cuideachta sealbhaíochta airgeadais, na cuideachta sealbhaíochta airgeadais mheasctha nó chomhaltaí an bhoird bainistíochta agus bainisteoirí faoi réir Airteagail 65 go 72;

(c) treoracha a thabhairt don chuideachta shealbhaíochta airgeadais nó don chuideachta shealbhaíochta airgeadais mheasctha na rannpháirtíochtaí ina cuid fo-institiúidí a aistriú chuig a scairshealbhóirí;

(d) ar bhonn sealadach, cuideachta shealbhaíochta airgeadais, cuideachta shealbhaíochta airgeadais mheasctha nó institiúid eile laistigh den ghrúpa a ainmniú le bheith freagrach as comhlíonadh na gceanglas a leagtar síos sa Treoir seo agus i Rialachán (AE) Uimh. 575/2013 ar bhonn comhdhlúite a áirithiú;

(e) srian nó toirmeasc a chur ar dháileacháin nó íocaíochtaí úis do scairshealbhóirí;

(f) a cheangal ar chuideachtaí sealbhaíochta airgeadais nó cuideachtaí sealbhaíochta airgeadais mheasctha dhífheistiú ó institiúidí nó eintitis eile in earnáil an airgeadais nó a sealúchas iontu a laghdú;

(g) a cheangal ar chuideachtaí sealbhaíochta airgeadais nó cuideachtaí sealbhaíochta airgeadais mheasctha plean a thíolacadh gan mhoill chun filleadh ar chomhlíonadh.

7. I gcás ina gcinneann an maoirseoir comhdhlúthaithe nach bhfuil na coinníollacha a leagtar amach i mír 4 á gcomhlíonadh a thuilleadh, iarrfaidh an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha formheas i gcomhréir leis an Airteagal seo.

8. Chun críocha cinntí a dhéanamh maidir le formheas agus díolmhú ó fhormheas dá dtagraítear i míreanna 3 agus 4 faoi seach, agus na bearta a dhéanamh dá dtagraítear i míreanna 6 agus 7, i gcás ina bhfuil an maoirseoir comhdhlúthaithe éagsúil ón údarás inniúil sa Bhallstát ina bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha bunaithe, oibreoidh an dá údarás i gcomhairle iomlán le chéile. Ullmhóidh an maoirseoir comhdhlúthaithe an measúnú maidir leis na hábhair dá dtagraítear i míreanna 3, 4, 6 agus 7, de réir mar is infheidhme, agus cuirfidh sé an measúnú sin ar aghaidh chuig an údarás inniúil sa Bhallstát ina bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha bunaithe. Déanfaidh an dá údarás gach a bhfuil ar a gcumas chun teacht ar chinneadh comhpháirteach laistigh de dhá mhí ón dáta a bhfaightear an measúnú thuasluaite.

Déanfar an cinneadh comhpháirteach a dhoiciméadú agus a réasúnú go cuí. Cuirfidh an maoirseoir comhdhlúthaithe an cinneadh comhpháirteach in iúl don chuideachta shealbhaíochta airgeadais nó don chuideachta shealbhaíochta airgeadais mheasctha.

I gcás easaontais, staonfaidh an maoirseoir comhdhlúthaithe nó an t-údarás inniúil sa Bhallstát ina bhfuil an chuideachta shealbhaíochta airgeadais nó an chuideachta shealbhaíochta airgeadais mheasctha bunaithe ó chinneadh a dhéanamh agus cuirfidh sé an t-ábhar faoi bhráid ÚBE i gcomhréir le hAirteagal 19 de Rialachán (AE) Uimh. 1093/2010. Déanfaidh ÚBE a chinneadh laistigh de 1 mhí amháin tar éis do ÚBE an t-ábhar a fháil. Déanfaidh na húdaráis inniúla lena mbaineann cinneadh comhpháirteach a ghlacadh i gcomhréir le cinneadh ÚBE. Ní chuirfear an t-ábhar faoi bhráid ÚBE tar éis dheireadh na tréimhse 2 mhí ná tar éis cinneadh comhpháirteach a bheith déanta.

9. I gcás cuideachtaí sealbhaíochta airgeadais mheasctha, i gcás inarb éagsúil an maoirseoir comhdhlúthaithe, nó an t-údarás inniúil sa Bhallstát ina bhfuil an chuideachta shealbhaíochta airgeadais mheasctha bunaithe ón gcomhordaitheoir arna chinneadh i gcomhréir le hAirteagal 10 de Threoir 2002/87/CE, beidh comhaontú an chomhordaitheora ag teastáil chun críche cinntí nó cinntí comhpháirteacha dá dtagraítear i míreanna 3, 4, 6 agus 7 den Airteagal seo, de réir mar is infheidhme. I gcás ina dteastaíonn comhaontú an chomhordaitheora, is é an tÚdarás ábhartha Maoirseachta Eorpach a réiteoidh aon easaontas — amhail ÚBE nó an tÚdarás Maoirseachta Eorpach (an tÚdarás Eorpach um Árachas agus Pinsin Cheirde) (EIOPA), a bunaíodh le Rialachán (AE) Uimh. 1094/2010 ó Pharlaimint na hEorpa agus ón gComhairle ( 3 ), agus glacfaidh sé a chinneadh laistigh de 1 mhí amháin ó chuirfear an t-easaontas faoina mbráid. Beidh aon chinneadh a dhéantar i gcomhréir leis an mír seo gan dochar do na hoibleagáidí faoi Threoir 2002/87/CE nó faoi Threoir 2009/138/CE.

10. I gcás ina ndiúltaítear cuideachta shealbhaíochta airgeadais nó cuideachta shealbhaíochta airgeadais mheasctha a fhormheas de bhun an Airteagail seo, tabharfaidh an maoirseoir comhdhlúthaithe fógra don iarratasóir faoin gcinneadh agus na cúiseanna a bhaineann leo laistigh de 4 mhí tar éis dó an t-iarratas a fháil, nó i gcás ina bhfuil an t-iarratas neamhiomlán, laistigh de 4 mhí ón dáta a bhfaighfear an fhaisnéis iomlán is gá chun an cinneadh a dhéanamh.

I ngach cás, déanfar cinneadh maidir le formheas a cheadú nó a dhiúltú laistigh de 6 mhí ón iarratas a fháil. Féadfaidh aon cheann de na bearta dá dtagraítear i mír 6 a bheith ag gabháil leis an diúltú, sa chás inar gá.

Airteagal 21b

Máthairghnóthas idirmheánach AE

1. Maidir le dhá institiúid nó níos mó san Aontas atá mar chuid den ghrúpa tríú tír céanna, beidh máthairghnóthas idirmheánach AE amháin acu bunaithe san Aontas.

2. Féadfaidh na húdaráis inniúla a cheadú do na hinstitiúidí dá dtagraítear i mír 1 dhá mháthairghnóthas idirmheánach AE a bheith acu i gcás ina gcinneann siad gurbh fhíor an méid seo a leanas mura mbunófaí ach aon mháthairghnóthas idirmheánach amháin: (a) bheadh máthairghnóthas idirmheánach AE amháin neamhréireach le ceanglas éigeantach i gcomhréir le rialacha na tríú tíre ina bhfuil a cheannoifig ag máthairghnóthas deiridh an ghrúpa tríú tíre; nó (b) ní bheadh inréiteacht níos éifeachtúla ná i gcás dhá máthairghnóthas AE idirmheánach de réir measúnú arna dhéanamh ag údaráis inniúla réitigh an mháthairghnóthais AE idirmheánaigh.

3. Beidh máthairghnóthas idirmheánach AE ina institiúid creidmheasa arna húdarú i gcomhréir le hAirteagal 8, nó ina chuideachta shealbhaíochta airgeadais nó ina chuideachta shealbhaíochta airgeadais mheasctha arna formheas i gcomhréir le hAirteagal 21a.

De mhaolú ar an gcéad fhomhír den mhír seo, i gcás nach bhfuil aon cheann de na hinstitiúidí dá dtagraítear i mír 1 den Airteagal seo ina hinstitiúid chreidmheasa nó i gcás nach mór dara máthairchuideachta idirmheánach AE a bhunú i ndáil le gníomhaíochtaí infheistíochta chun ceangal sainordaitheach dá dtagraítear i mír 2 den Airteagal seo a chomhlíonadh, féadfaidh an mháthairchuideachta idirmheánach AE nó an dara máthairchuideachta idirmheánach AE a bheith ina gnólacht infheistíochta arna húdarú i gcomhréir le hAirteagal 5(1) de Threoir 2014/65/AE atá faoi réir Treoir 2014/59/AE.

4. Ní bheidh feidhm ag míreanna 1, 2, ná 3, i gcás ina mbeidh luach iomlán sócmhainní an ghrúpa tríú tír san Aontas níos ísle ná EUR 40 billiún.

▼M6

5. Chun críocha an Airteagail seo: (a) is é suim na nithe seo a leanas luach iomlán sócmhainní an ghrúpa tríú tír san Aontas: (i) luach iomlán na sócmhainní atá ag gach institiúid den ghrúpa tríú tír san Aontas a thiocfaidh as a clár comhardaithe comhdhlúite, nó a thiocfaidh as a cláir chomhardaithe aonair, i gcás nach gcomhdhlúthaítear clár comhardaithe de chuid institiúide; agus (ii) luach iomlán na sócmhainní atá ag gach brainse den ghrúpa tríú tír a údaraítear le bheith ag oibriú san Aontas i gcomhréir leis an Treoir seo, le Rialachán (AE) Uimh. 600/2014 ó Pharlaimint na hEorpa agus ón gComhairle ( 4 ) nó le Treoir 2014/65/AE. (b) cuimseofar gnólachtaí infheistíochta freisin faoin téarma “institiúid”.

▼M5

6. Tabharfaidh na húdaráis inniúla fógra do ÚBE faoin bhfaisnéis seo a leanas i ndáil le gach grúpa tríú tír atá ag oibriú ina ndlínse: (a) ainmneacha na n-institiúidí faoi mhaoirseacht ar le grúpa tríú tír iad, mar aon le luach iomlán sócmhainní; (b) ainmneacha agus luach iomlán sócmhainní a chomhfhreagraíonn do bhrainsí a údaraítear sa Bhallstát sin de bhun na Treorach seo, Treoir 2014/65/AE nó Rialachán (AE) Uimh. 600/2004, agus na cineálacha gníomhaíochtaí a bhfuil údarás ag na brainsí sin a chur i gcrích; (c) ainm agus luach iomlán sócmhainní dá dtagraítear i mír 3 d'aon mháthairghnóthais idirmheánaigh AE arna bhunú sa Bhallstát sin agus ainm an ghrúpa tríú tír a bhfuil sé ina chuid de.

7. Foilseoidh ÚBE ar a shuíomh gréasáin liosta de na grúpaí tríú tír ar fad atá ag oibriú san Aontas mar aon lena máthairghnóthas idirmheánach AE nó mar aon lena máthairghnóthais idirmheánacha AE, i gcás inarb fheidhme.

Áiritheoidh na húdaráis inniúla go gcomhlíonfaidh gach institiúid atá faoina ndlínse agus ar cuid de ghrúpa tríú tír í, ceann amháin de na coinníollacha seo a leanas:

(a) tá máthairghnóthas idirmheánach AE aici;

(b) is máthairghnóthas idirmheánach AE í;

(c) is í an t-aon institiúid í den ghrúpa tríú tír san Aontas; nó

(d) is cuid de ghrúpa tríú tír í ar fiú níos lú ná EUR 40 billiún méid iomlán shócmhainní an ghrúpa sin san Aontas.

8. ►C4 ◄ , máthairghnóthas idirmheánach AE nó, sa chás ina mbeidh feidhm ag mír 2, dhá mháthairghnóthas idirmheánach AE faoin 30 Nollaig 2023. De mhaolú ar mhír 1, beidh, ag grúpaí tríú tír a oibríonn trí níos mó ná institiúid amháin san Aontas agus arb ionann méid iomlán na sócmhainní san Aontas atá acu agus EUR 40 billiún nó ar mó ná sin é an 27 Meitheamh 2019, máthairghnóthas idirmheánach AE nó, sa chás ina mbeidh feidhm ag mír 2, dhá mháthairghnóthas idirmheánach AE faoin 30 Nollaig 2023.

9. Faoin 30 Nollaig 2026, déanfaidh an Coimisiún, tar éis dul i gcomhairle le ÚBE, athbhreithniú ar na ceanglais arna bhforchur ar institiúidí leis an Airteagal seo agus cuirfidh sé tuarascáil, faoi bhráid Pharlaimint na hEorpa agus na Comhairle. Sa tuarascáil sin, breathnófar an méid a leanas, ar a laghad: (a) an bhfuil na ceanglais a leagtar síos san Airteagal seo inoibrithe, riachtanach, agus comhréireach, agus an mbeadh bearta eile níos iomchuí; (b) ar cheart na ceanglais arna bhforchur ar institiúidí leis an Airteagal seo a leasú d'fhonn na cleachtais idirnáisiúnta is fearr a léiriú iontu.

10. Faoin 28 Meitheamh 2021, cuirfidh ÚBE tuairisc faoi bhráid Pharlaimint na hEorpa, na Comhairle, agus an Choimisiúin maidir leis an gcaoi a gcaitear le brainsí tríú tír faoin dhlí náisiúnta na mBallstát. Sa tuarascáil sin, breathnófar an méid a leanas, ar a laghad: (a) cé acu atá nó nach bhfuil, agus a mhéid atá, difríocht i measc na mBallstát maidir leis na cleachtais mhaoirseoireachta is infheidhme do bhrainsí tríú tír; (b) cé acu a fhéadfadh nó nach bhféadfadh an chaoi a gcaitear le brainsí tríú tír faoin dlí náisiúnta a bheith ina shiocair le harbatráiste rialála; (c) ar ghá, agus arbh iomchuí, tuilleadh comhchuibhithe ar na réimis náisiúnta i gcás brainsí tríú tír, go háirithe i dtaca le brainsí suntasacha tríú tír.

Déanfaidh an Coimisiún, i gcás inarb iomchuí, togra reachtacha a thíolacadh chuig Parlaimint na hEorpa agus chuig an gComhairle bunaithe ar na moltaí a dhéanfaidh ÚBE.

▼B







CHAPTER 2

Qualifying holding in a credit institution

Article 22

Notification and assessment of proposed acquisitions

1. Member States shall require any natural or legal person or such persons acting in concert (the “proposed acquirer”), who have taken a decision either to acquire, directly or indirectly, a qualifying holding in a credit institution or to further increase, directly or indirectly, such a qualifying holding in a credit institution as a result of which the proportion of the voting rights or of the capital held would reach or exceed 20 %, 30 % or 50 % or so that the credit institution would become its subsidiary (the “proposed acquisition”), to notify the competent authorities of the credit institution in which they are seeking to acquire or increase a qualifying holding in writing in advance of the acquisition, indicating the size of the intended holding and the relevant information, as specified in accordance with Article 23(4). Member States shall not be required to apply the 30 % threshold where, in accordance with Article 9(3)(a) of Directive 2004/109/EC, they apply a threshold of one-third.

2. The competent authorities shall acknowledge receipt of notification under paragraph 1 or of further information under paragraph 3 promptly and in any event within two working days following receipt in writing to the proposed acquirer.

The competent authorities shall have a maximum of 60 working days as from the date of the written acknowledgement of receipt of the notification and all documents required by the Member State to be attached to the notification on the basis of the list referred to in Article 23(4) (the “assessment period”), to carry out the assessment provided for in Article 23(1) (the “assessment”).

The competent authorities shall inform the proposed acquirer of the date of the expiry of the assessment period at the time of acknowledging receipt.

3. The competent authorities may, during the assessment period if necessary, and no later than on the 50th working day of the assessment period, request further information that is necessary to complete the assessment. Such a request shall be made in writing and shall specify the additional information needed.

For the period between the date of request for information by the competent authorities and the receipt of a response thereto by the proposed acquirer, the assessment period shall be suspended. The suspension shall not exceed 20 working days. Any further requests by the competent authorities for completion or clarification of the information shall be at their discretion but shall not result in a suspension of the assessment period.

4. ►C2 ◄ The competent authorities may extend the suspension referred to in the second subparagraph of paragraph 3 up to 30 working days if the proposed acquirer is situated or regulated in a third country or is a natural or legal personnot subject to supervision under this Directive or under Directive 2009/65/EC, 2009/138/EC, or 2004/39/EC.

5. If the competent authorities decide to oppose the proposed acquisition, they shall, within two working days of completion of the assessment, and not exceeding the assessment period, inform the proposed acquirer in writing, providing the reasons. Subject to national law, an appropriate statement of the reasons for the decision may be made accessible to the public at the request of the proposed acquirer. This shall not prevent a Member State from allowing the competent authority to publish such information in the absence of a request by the proposed acquirer.

6. If the competent authorities do not oppose the proposed acquisition within the assessment period in writing, it shall be deemed to be approved.

7. The competent authorities may fix a maximum period for concluding the proposed acquisition and extend it where appropriate.

8. Member States shall not impose requirements for notification to, or approval by, the competent authorities of direct or indirect acquisitions of voting rights or capital that are more stringent than those set out in this Directive.

9. EBA shall develop draft implementing technical standards to establish common procedures, forms and templates for the consultation process between the relevant competent authorities as referred to in Article 24.

EBA shall submit those draft implementing technical standards to the Commission by 31 December 2015.

Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1093/2010.

Article 23

Assessment criteria

1. In assessing the notification provided for in Article 22(1) and the information referred to in Article 22(3), the competent authorities shall, in order to ensure the sound and prudent management of the credit institution in which an acquisition is proposed, and having regard to the likely influence of the proposed acquirer on that credit institution, assess the suitability of the proposed acquirer and the financial soundness of the proposed acquisition in accordance with the following criteria: (a) the reputation of the proposed acquirer; ▼M5 (b) clú, eolas, scileanna agus taithí, mar a leagtar amach in Airteagal 91(1), aon chomhalta den chomhlacht bainistíochta a stiúrfaidh gnó na hinstitiúide creidmheasa mar thoradh ar an éadáil bheartaithe; ▼B (c) the financial soundness of the proposed acquirer, in particular in relation to the type of business pursued and envisaged in the credit institution in which the acquisition is proposed; (d) whether the credit institution will be able to comply and continue to comply with the prudential requirements based on this Directive and Regulation (EU) No 575/2013, and where applicable, other Union law, in particular Directives 2002/87/EC and 2009/110/EC, including whether the group of which it will become a part has a structure that makes it possible to exercise effective supervision, effectively exchange information among the competent authorities and determine the allocation of responsibilities among the competent authorities; (e) whether there are reasonable grounds to suspect that, in connection with the proposed acquisition, money laundering or terrorist financing within the meaning of Article 1 of Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing ( 5 ) is being or has been committed or attempted, or that the proposed acquisition could increase the risk thereof.

2. The competent authorities may oppose the proposed acquisition only if there are reasonable grounds for doing so on the basis of the criteria set out in paragraph 1 or if the information provided by the proposed acquirer is incomplete.

3. Member States shall neither impose any prior conditions in respect of the level of holding that must be acquired nor allow their competent authorities to examine the proposed acquisition in terms of the economic needs of the market.

4. Member States shall publish a list specifying the information that is necessary to carry out the assessment and that must be provided to the competent authorities at the time of notification referred to in Article 22(1). The information required shall be proportionate and adapted to the nature of the proposed acquirer and the proposed acquisition. Member States shall not require information that is not relevant for a prudential assessment.

5. Notwithstanding Article 22(2), (3) and (4), where two or more proposals to acquire or increase qualifying holdings in the same credit institution have been notified to the competent authority, the latter shall treat the proposed acquirers in a non-discriminatory manner.

Article 24

Cooperation between competent authorities

1. The relevant competent authorities shall fully consult each other when carrying out the assessment if the proposed acquirer is one of the following: (a) a credit institution, insurance undertaking, reinsurance undertaking, investment firm, or a management company within the meaning of Article 2(1)(b) of Directive 2009/65/EC (“UCITS management company”) authorised in another Member State or in a sector other than that in which the acquisition is proposed; (b) the parent undertaking of a credit institution, insurance undertaking, reinsurance undertaking, investment firm or UCITS management company authorised in another Member State or in a sector other than that in which the acquisition is proposed; (c) a natural or legal person controlling a credit institution, insurance undertaking, reinsurance undertaking, investment firm or UCITS management company authorised in another Member State or in a sector other than that in which the acquisition is proposed.

2. The competent authorities shall, without undue delay, provide each other with any information which is essential or relevant for the assessment. In that regard, the competent authorities shall communicate to each other upon request all relevant information and shall communicate on their own initiative all essential information. A decision by the competent authority that has authorised the credit institution in which the acquisition is proposed shall indicate any views or reservations expressed by the competent authority responsible for the proposed acquirer.

Article 25

Notification in the case of a divestiture

Member States shall require any natural or legal person who has taken a decision to dispose, directly or indirectly, of a qualifying holding in a credit institution to notify the competent authorities in writing in advance of the divestiture, indicating the size of the holding concerned. Such a person shall also notify the competent authorities if it has taken a decision to reduce its qualifying holding so that the proportion of the voting rights or of the capital held would fall below 20 %, 30 % or 50 % or so that the credit institution would cease to be its subsidiary. Member States shall not be required to apply the 30 % threshold where, in accordance with Article 9(3)(a) of Directive 2004/109/EC, they apply a threshold of one-third.

Article 26

Information obligations and penalties

1. Credit institutions shall, on becoming aware of any acquisitions or disposals of holdings in their capital that cause holdings to exceed or fall below one of the thresholds referred to in Article 22(1) and Article 25, inform the competent authorities of those acquisitions or disposals.

Credit institutions admitted to trading on a regulated market shall, at least annually, inform the competent authorities of the names of shareholders and members possessing qualifying holdings and the sizes of such holdings as shown, for example, by the information received at the annual general meetings of shareholders and members or as a result of compliance with the regulations relating to companies admitted to trading on a regulated market.

2. Member States shall require that, where the influence exercised by the persons referred to in Article 22(1) is likely to operate to the detriment of the prudent and sound management of the institution, the competent authorities shall take appropriate measures to put an end to that situation. Such measures may consist in injunctions, penalties, subject to Articles 65 to 72, against members of the management body and managers, or the suspension of the exercise of the voting rights attached to the shares held by the shareholders or members of the credit institution in question.

Similar measures shall apply to natural or legal persons who fail to comply with the obligation to provide prior information as set out in Article 22(1) and subject to Articles 65 to 72.

If a holding is acquired despite opposition by the competent authorities, Member States shall, regardless of any other penalty to be adopted, provide either for exercise of the corresponding voting rights to be suspended, or for the nullity of votes cast or for the possibility of their annulment.

Article 27

Criteria for qualifying holdings

In determining whether the criteria for a qualifying holding as referred to in Articles 22, 25 and 26 are fulfilled, the voting rights referred to in Articles 9, 10 and 11 of Directive 2004/109/EC and the conditions regarding aggregation thereof set out in Article 12(4) and (5) of that Directive, shall be taken into account.

In determining whether the criteria for a qualifying holding as referred to in Article 26 are fulfilled, Member States shall not take into account voting rights or shares which institutions may hold as a result of providing the underwriting of financial instruments or placing of financial instruments on a firm commitment basis included under point 6 of Section A of Annex I to Directive 2004/39/EC, provided that those rights are not exercised or otherwise used to intervene in the management of the issuer and are disposed of within one year of acquisition.

▼M6 —————

▼B







TITLE V

PROVISIONS CONCERNING THE FREEDOM OF ESTABLISHMENT AND THE FREEDOM TO PROVIDE SERVICES







CHAPTER 1

General Principles

Article 33

Credit institutions

Member States shall provide that the activities listed in Annex I may be carried out within their territories, in accordance with Article 35, Article 36(1), (2) and (3), Article 39(1) and (2) and Articles 40 to 46 either by establishing a branch or by providing services, by any credit institution authorised and supervised by the competent authorities of another Member State, provided that such activities are covered by the authorisation.

Article 34

Financial institutions

1. Member States shall provide that the activities listed in Annex I may be carried out within their territories, in accordance with Article 35, Article 36(1), (2) and (3), Article 39(1) and (2) and Articles 40 to 46, either by establishing a branch or by providing services, by any financial institution from another Member State, whether a subsidiary of a credit institution or the jointly owned subsidiary of two or more credit institutions, the memorandum and Articles of association of which permit the carrying out of those activities and which fulfils each of the following conditions: (a) the parent undertaking or undertakings are authorised as credit institutions in the Member State by the law of which the financial institution is governed; (b) the activities in question are actually carried out within the territory of the same Member State; (c) the parent undertaking or undertakings holds 90 % or more of the voting rights attaching to shares in the capital of the financial institution; (d) the parent undertaking or undertakings satisfies the competent authorities regarding the prudent management of the financial institution and has declared, with the consent of the relevant home Member State competent authorities, that they jointly and severally guarantee the commitments entered into by the financial institution; (e) the financial institution is effectively included, for the activities in question in particular, in the consolidated supervision of the parent undertaking, or of each of the parent undertakings, in accordance with Title VII, Chapter 3 of this Directive and Part One, Title II, Chapter 2 of Regulation (EU) No 575/2013, in particular for the purposes of the own funds requirements set out in Article 92 of that Regulation, for the control of large exposures provided for in Part Four of that Regulation and for the purposes of the limitation of holdings provided for in Articles 89 and 90 of that Regulation.

The competent authorities of the home Member State shall check compliance with the conditions set out in the first subparagraph and shall supply the financial institution with a certificate of compliance which shall form part of the notification referred to in Articles 35 and 39.

2. If a financial institution as referred to in the first subparagraph of paragraph 1 ceases to fulfil any of the conditions imposed, the competent authorities of the home Member State shall notify the competent authorities of the host Member State and the activities carried out by that financial institution in the host Member State shall become subject to the law of the host Member State.

3. Paragraphs 1 and 2 shall apply accordingly to subsidiaries of a financial institution as referred to in the first subparagraph of paragraph 1.







CHAPTER 2

The right of establishment of credit institutions

Article 35

Notification requirement and interaction between competent authorities

1. A credit institution wishing to establish a branch within the territory of another Member State shall notify the competent authorities of its home Member State.

2. Member States shall require every credit institution wishing to establish a branch in another Member State to provide all the following information when effecting the notification referred to in paragraph 1: (a) the Member State within the territory of which it plans to establish a branch; (b) a programme of operations setting out, inter alia, the types of business envisaged and the structural organisation of the branch; (c) the address in the host Member State from which documents may be obtained; (d) the names of those to be responsible for the management of the branch.

3. Unless the competent authorities of the home Member State have reason to doubt the adequacy of the administrative structure or the financial situation of the credit institution, taking into account the activities envisaged, they shall, within three months of receipt of the information referred to in paragraph 2, communicate that information to the competent authorities of the host Member State and shall inform the credit institution accordingly.

The home Member State's competent authorities shall also communicate the amount and composition of own funds and the sum of the own funds requirements under Article 92 of Regulation (EU) No 575/2013 of the credit institution.

By way of derogation from the second subparagraph, in the case referred to in Article 34 the home Member State's competent authorities shall communicate the amount and composition of own funds of the financial institution and the total risk exposure amounts calculated in accordance with Article 92(3) and (4) of Regulation (EU) No 575/2013 of the credit institution which is its parent undertaking.

4. Where the competent authorities of the home Member State refuse to communicate the information referred to in paragraph 2 to the competent authorities of the host Member State, they shall give reasons for their refusal to the credit institution concerned within three months of receipt of all the information.

That refusal or a failure to reply shall be subject to a right to apply to the courts in the home Member State.

5. EBA shall develop draft regulatory technical standards to specify the information to be notified in accordance with this Article.

Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010.

6. EBA shall develop draft implementing technical standards to establish standard forms, templates and procedures for such notification.

Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1093/2010.

7. EBA shall submit the draft technical standards referred to in paragraphs 5 and 6 to the Commission by 1 January 2014.

Article 36

Commencement of activities

1. Before the branch of a credit institution commences its activities the competent authorities of the host Member State shall, within two months of receiving the information referred to in Article 35, prepare for the supervision of the credit institution in accordance with Chapter 4 and if necessary indicate the conditions under which, in the interests of the general good, those activities shall be carried out in the host Member State.

2. On receipt of a communication from the competent authorities of the host Member State, or in the event of the expiry of the period provided for in paragraph 1 without receipt of any communication from the latter, the branch may be established and may commence its activities.

3. In the event of a change in any of the information communicated pursuant to points (b), (c) or (d) of Article 35(2), a credit institution shall give written notice of the change in question to the competent authorities of the home and host Member States at least one month before making the change in order to enable the competent authorities of the home Member State to take a decision following a notification under Article 35, and the competent authorities of the host Member State to take a decision setting out the conditions for the change pursuant to paragraph 1 of this Article.

4. Branches which have commenced their activities, in accordance with the provisions in force in their host Member States, before 1 January 1993, shall be presumed to have been subject to the procedures set out in Article 35 and in paragraphs 1 and 2 of this Article. They shall be governed, from 1 January 1993, by paragraph 3 of this Article and by Articles 33 and 52 and Chapter 4.

5. EBA shall develop draft regulatory technical standards to specify the information to be notified in accordance with this Article.

Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010.

6. EBA shall develop draft implementing technical standards to establish standard forms, templates and procedures for such notification.

Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1093/2010.

7. EBA shall submit the draft technical standards referred to in paragraphs 5 and 6 to the Commission by 1 January 2014.

Article 37

Information about refusals

Member States shall inform the Commission and EBA of the number and type of cases in which there has been a refusal pursuant to Article 35 and Article 36(3).

Article 38

Aggregation of branches

Any number of places of business set up in the same Member State by a credit institution with headquarters in another Member State shall be regarded as a single branch.







CHAPTER 3

Exercise of the freedom to provide services

Article 39

Notification procedure

1. Any credit institution wishing to exercise the freedom to provide services by carrying out its activities within the territory of another Member State for the first time shall notify the competent authorities of the home Member State of the activities on the list in Annex I which it intends to carry out.

2. The competent authorities of the home Member State shall, within one month of receipt of the notification provided for in paragraph 1, send that notification to the competent authorities of the host Member State.

3. This Article shall not affect rights acquired by credit institutions providing services before 1 January 1993.

4. EBA shall develop draft regulatory technical standards to specify the information to be notified in accordance with this Article.

Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010.

5. EBA shall develop draft implementing technical standards to establish standard forms, templates and procedures for such notification.

Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1093/2010.

6. EBA shall submit the draft technical standards referred to in paragraphs 4 and 5 to the Commission by 1 January 2014.







CHAPTER 4

Powers of the competent authorities of the host Member State

Article 40

Reporting requirements

The competent authorities of the host Member States may require that all credit institutions having branches within their territories shall report to them periodically on their activities in those host Member States.

Such reports shall only be required for information or statistical purposes, for the application of Article 51(1), or for supervisory purposes in accordance with this Chapter. They shall be subject to professional secrecy requirements at least equivalent to those referred to in Article 53(1).

The competent authorities of the host Member States may in particular require information from the credit institutions referred to in the first subparagraph in order to allow those competent authorities to assess whether a branch is significant in accordance with Article 51(1).

Article 41

Measures taken by the competent authorities of the home Member State in relation to activities carried out in the host Member State

1. Where the competent authorities of the host Member State on the basis of information received from the competent authorities of the home Member State under Article 50 ascertain that a credit institution having a branch or providing services within its territory fulfils one of the following conditions in relation to the activities carried out in that host Member State, they shall inform the competent authorities of the home Member State: (a) the credit institution does not comply with the national provisions transposing this Directive or with Regulation (EU) No 575/2013; (b) there is a material risk that the credit institution will not comply with the national provisions transposing this Directive or with Regulation (EU) No 575/2013.

The competent authorities of the home Member State shall, without delay, take all appropriate measures to ensure that the credit institution concerned remedies its non-compliance or takes measures to avert the risk of non-compliance. The competent authorities of the home Member State shall communicate those measures to the competent authorities of the host Member State without delay.

2. Where the competent authorities of the host Member State consider that the competent authorities of the home Member State have not fulfilled their obligations or will not fulfil their obligations pursuant to the second subparagraph of paragraph 1, they may refer the matter to EBA and request its assistance in accordance with Article 19 of Regulation (EU) No 1093/2010. Where EBA acts in accordance with that Article, it shall take any decision under Article 19(3) of that Regulation within 24 hours. EBA may also assist the competent authorities in reaching an agreement on its own initiative in accordance with the second subparagraph of Article 19(1) of that Regulation.

Article 42

Reasons and communication

Any measure taken pursuant to Article 41(1), or Article 43 or 44 involving penalties or restrictions on the exercise of the freedom to provide services or the freedom of establishment shall be properly reasoned and communicated to the credit institution concerned.

Article 43

Precautionary measures

1. Before following the procedure set out in Article 41, the competent authorities of the host Member State may, in emergency situations, pending measures by the competent authorities of the home Member State or reorganisation measures referred to in Article 3 of Directive 2001/24/EC, take any precautionary measures necessary to protect against financial instability that would seriously threaten the collective interests of depositors, investors and clients in the host Member State.

2. Any precautionary measures under paragraph 1 shall be proportionate to their purpose to protect against financial instability that would seriously threaten collective interests of depositors, investors and clients in the host Member State. Such precautionary measures may include a suspension of payment. They shall not result in a preference for the creditors of the credit institution in the host Member State over creditors in other Member States.

3. Any precautionary measure under paragraph 1 shall cease to have effect when the administrative or judicial authorities of the home Member State take reorganisation measures under Article 3 of Directive 2001/24/EC.

4. The competent authorities of the host Member State shall terminate precautionary measures where they consider those measures to have become obsolete under Article 41, unless they cease to have effect in accordance with paragraph 3 of this Article.

5. The Commission, EBA and the competent authorities of the other Member States concerned shall be informed of precautionary measures taken under paragraph 1 without undue delay.

Where the competent authorities of the home Member State or of any other affected Member State object to measures taken by the competent authorities of the host Member State, they may refer the matter to EBA and request its assistance in accordance with Article 19 of Regulation (EU) No 1093/2010. Where EBA acts in accordance with that Article, it shall take any decision under Article 19(3) of that Regulation within 24 hours. EBA may also assist the competent authorities in reaching an agreement on its own initiative in accordance with the second subparagraph of Article 19(1) of that Regulation.

Article 44

Powers of host Member States

Host Member States may, notwithstanding Articles 40 and 41, exercise the powers conferred on them under this Directive to take appropriate measures to prevent or to punish breaches committed within their territories of the rules they have adopted pursuant to this Directive or in the interests of the general good. This shall include the possibility of preventing offending credit institutions from initiating further transactions within their territories.

Article 45

Measures following withdrawal of authorisation

In the event of withdrawal of authorisation, the competent authorities of the home Member State shall inform the competent authorities of the host Member State without delay. The competent authorities of the host Member State shall take appropriate measures to prevent the credit institution concerned from initiating further transactions within its territory and to safeguard the interests of depositors.

Article 46

Advertising

Nothing in this Chapter shall prevent credit institutions with head offices in other Member States from advertising their services through all available means of communication in the host Member State, subject to any rules governing the form and the content of such advertising adopted in the interests of the general good.







TITLE VI

RELATIONS WITH THIRD COUNTRIES

Article 47

Notification in relation to third-country branches and conditions of access for credit institutions with such branches

1. Member States shall not apply to branches of credit institutions having their head office in a third country, when commencing or continuing to carry out their business, provisions which result in more favourable treatment than that accorded to branches of credit institutions having their head office in the Union.

▼M5

1a. Cuirfidh Ballstát de cheangal ar bhrainsí institiúidí creidmheasa a bhfuil a gceannoifig i dtríú tír a thuairisciú chuig údaráis inniúla, ar bhonn bliantúil ar a laghad, an fhaisnéis seo a leanas: (a) na sócmhainní iomlána a chomhfhreagraíonn do na gníomhaíochtaí den bhrainse a údaraítear sa Bhallstát sin; (b) faisnéis maidir leis na sócmhainní leachtacha atá ar fáil don bhrainse, go háirithe maidir le hinfhaighteacht na sócmhainní leachtacha seo in airgeadraí an Bhallstáit; (c) na cistí dílse atá ar a chúl ag an mbrainse; (d) na socruithe cosanta taiscí atá ar fáil do thaisceoirí sa bhrainse; (e) na socruithe bainistithe riosca; (f) na socruithe rialachais, lena n-áirítear na príomhfheidhmeannaigh maidir le gníomhaíochtaí an bhrainse; (g) na pleananna téarnaimh lena gcumhdaítear an brainse; agus (h) aon fhaisnéis eile a measann an t-údarás inniúil gur gá í chun gur féidir faireachán cuimsitheach a dhéanamh ar ghníomhaíochtaí an bhrainse.

▼M5

2. Tabharfaidh na húdaráis inniúla fógra d'ÚBE faoin méid seo a leanas: (a) gach údarú maidir le brainsí a deonaíodh d'institiúidí creidmheasa a bhfuil a gceannoifig i dtríú tír agus aon athruithe ina dhiaidh sin ar na húdaruithe sin; (b) na sócmhainní agus dliteanas iomlána atá ag brainsí údaraithe institiúidí creidmheasa a bhfuil a gceannoifig i dtríú tír mar a thuairiscítear go tréimhsiúil. (c) ainm an ghrúpa tríú tír a mbaineann brainse údaraithe leis.

Foilseoidh ÚBE ar a shuíomh gréasáin liosta de na brainsí tríú tír a údaraíodh chun oibriú san Aontas, lena sonraítear an Ballstát ina bhfuil siad údaraithe oibriú.

▼M5

2a. Na húdaráis inniúla a dhéanann maoirseacht ar bhrainsí institiúidí creidmheasa a bhfuil a gceannoifig i dtríú tír agus na húdaráis inniúla de chuid institiúidí ar cuid den ghrúpa tríú tír céanna iad, comhoibreoidh siad go dlúth chun a áirithiú go ndéanfar gníomhaíochtaí uile an ghrúpa tríú tír sin san Aontas faoi réir maoirseacht chuimsitheach, nach mbeifear in ann teacht timpeall ar na ceanglais is infheidhme maidir le grúpaí tríú tír de bhun na Treorach seo agus Rialachán (AE) Uimh. 575/2013 agus nach mbeidh aon tionchar díobhálach ar chobhsaíocht airgeadais an Aontais.

Éascóidh ÚBE an comhar idir údaráis inniúla chun críocha na chéad fhomhíre den mhír seo, lena n-áirítear nuair a bheidh comhlíonadh na tairsí dá dtagraítear in Airteagal 21b(4) á fhíorú.

▼B

3. The Union may, through agreements concluded with one or more third countries, agree to apply provisions which accord to branches of a credit institution having its head office in a third country identical treatment throughout the territory of the Union.

Article 48

Cooperation with supervisory authorities of third countries regarding supervision on a consolidated basis

1. The Commission may submit proposals to the Council, either at the request of a Member State or on its own initiative, for the negotiation of agreements with one or more third countries regarding the means of exercising supervision on a consolidated basis over the following: (a) institutions the parent undertakings of which have their head offices in a third country; (b) institutions situated in third countries the parent undertakings of which, whether institutions, financial holding companies or mixed financial holding companies, have their head offices in the Union.

2. The agreements referred to in paragraph 1 shall, in particular, seek to ensure that: (a) the competent authorities of the Member States are able to obtain the information necessary for the supervision, on the basis of their consolidated financial situations, of institutions, financial holding companies and mixed financial holding companies situated in the Union which have as subsidiaries institutions or financial institutions situated in a third country, or holding participation therein; (b) the supervisory authorities of third countries are able to obtain the information necessary for the supervision of parent undertakings the head offices of which are situated within their territories and which have as subsidiaries institutions or financial institutions situated in one or more Member States or holding participation therein; and (c) EBA is able to obtain from the competent authorities of the Member States the information received from national authorities of third countries in accordance with Article 35 of Regulation (EU) No 1093/2010.

3. Without prejudice to Article 218 TFEU, the Commission shall, with the assistance of the European Banking Committee, examine the outcome of the negotiations referred to in paragraph 1 and the resulting situation.

4. EBA shall assist the Commission for the purposes of this Article in accordance with Article 33 of Regulation (EU) No 1093/2010.







TITLE VII

PRUDENTIAL SUPERVISION







CHAPTER 1

Principles of prudential supervision







Section I

Competence and duties of home and host Member States

Article 49

Competence of the competent authorities of the home and host Member States

1. The prudential supervision of an institution, including that of the activities it carries out in accordance with Articles 33 and 34, shall be the responsibility of the competent authorities of the home Member State, without prejudice to those provisions of this Directive which give responsibility to the competent authorities of the host Member State.

2. Paragraph 1 shall not prevent supervision on a consolidated basis.

3. Measures taken by the host Member State shall not allow discriminatory or restrictive treatment on the basis that an institution is authorised in another Member State.

Article 50

Collaboration concerning supervision

1. The competent authorities of the Member States concerned shall collaborate closely in order to supervise the activities of institutions operating, in particular through a branch, in one or more Member States other than that in which their head offices are situated. They shall supply one another with all information concerning the management and ownership of such institutions that is likely to facilitate their supervision and the examination of the conditions for their authorisation, and all information likely to facilitate the monitoring of institutions, in particular with regard to liquidity, solvency, deposit guarantee, the limiting of large exposures, other factors that may influence the systemic risk posed by the institution, administrative and accounting procedures and internal control mechanisms.

2. The competent authorities of the home Member State shall provide the competent authorities of host Member States immediately with any information and findings pertaining to liquidity supervision in accordance with Part Six of Regulation (EU) No 575/2013 and Title VII, Chapter 3 of this Directive of the activities performed by the institution through its branches, to the extent that such information and findings are relevant to the protection of depositors or investors in the host Member State.

3. The competent authorities of the home Member State shall inform the competent authorities of all host Member States immediately where liquidity stress occurs or can reasonably be expected to occur. That information shall also include details about the planning and implementation of a recovery plan and about any prudential supervision measures taken in that context.

4. The competent authorities of the home Member State shall communicate and explain upon request to the competent authorities of the host Member State how information and findings provided by the latter have been taken into account. Where, following communication of information and findings, the competent authorities of the host Member State maintain that no appropriate measures have been taken by the competent authorities of the home Member State, the competent authorities of the host Member State may, after informing the competent authorities of the home Member State and EBA, take appropriate measures to prevent