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Commission Delegated Regulation (EU) 2022/2579 of 10 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided by an undertaking in the application for authorisation in accordance with Article 8a of that Directive (Text with EEA relevance)

Commission Delegated Regulation (EU) 2022/2579, adopted on 10 June 2022 and published in the Official Journal of the European Union on 29 December 2022,…

What Commission Delegated Regulation (EU) 2022/2579 of 10 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided by an undertaking in the application for authorisation in accordance with Article 8a of that Directive (Text with EEA relevance) requires

Commission Delegated Regulation (EU) 2022/2579, adopted on 10 June 2022 and published in the Official Journal of the European Union on 29 December 2022, establishes regulatory technical standards specifying the information that investment firms must provide when applying for authorisation as credit institutions under Article 8a of Directive 2013/36/EU. The Regulation applies to investment firms that meet the conditions set out in Article 4(1), point (1)(b), of Regulation (EU) No 575/2013 - that is, those which are required to seek authorisation as credit institutions - and is directly applicable in all EU Member States. The core obligation requires that any application for authorisation comply with the information requirements for credit institutions laid down in Articles 3 to 10 of Delegated Regulation (EU) 2022/2580, covering identification details, historical information, existing licensing, proposed activities, current financial situation, programme of operations, and initial capital. Competent authorities may require additional information that is proportionate and relevant for the authorisation assessment, and may also waive certain requirements taking into account the size, nature, scale and complexity of the applicant's activities and the principle of proportionality. The applicant credit institution must ensure that all submitted information remains up to date, complete, and accurate as of the date of submission.

Pillar: Legal & IP Sovereignty · Authority: European Commission · Version: 1.0.0 · Last updated:

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32022R2579

SHA-256 integrity: c8a6d74812c16af860c8a49a2c1834f4b5e83f0062c52e5f5598cf65594c325f

Primary Citations — 8 traced to source

  • Article 1(1): 'An application for the authorisation of a credit institution within the meaning of Article 4(1), point (1)(b), of Regulation (EU) No 575/2013 shall comply with the requirements regarding credit institutions laid down in Articles 3 to 10 of Delegated Regulation (EU) 2022/2580.'
  • Article 1(2): 'Competent authorities may require additional information, provided that such information is proportionate and relevant for the purposes of the authorisation assessment.'

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