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Commission Implementing Regulation (EU) No 926/2014 of 27 August 2014 laying down implementing technical standards with regard to standard forms, templates and procedures for notifications relating to the exercise of the right of establishment and the freedom to provide services according to Directive 2013/36/EU of the European Parliament and of the Council (Text with EEA relevance)Text with EEA relevance

Commission Implementing Regulation (EU) No 926/2014 of 27 August 2014 laying down implementing technical standards with regard to standard forms, templates and procedures for notifications relating to the exercise of the right of establishment and the freedom to provide services according to Directive 2013/36/EU of the European Parliament and of the Council (Text with EEA relevance)Text with EEA relevance

CHAPTER I GENERAL PROVISIONS

Article 1 Subject matter

This Regulation lays down the standard forms, templates and procedures for the notifications to exercise the right of establishment and the freedom to provide services pursuant to Article 35(6), Article 36(6) and Article 39(5) of Directive 2013/36/EU.

Article 2 Definitions

For the purposes of this Regulation, the following definitions shall apply:

  1. ‘branch passport notification’ means a notification made in accordance with Article 35(1) of Directive 2013/36/EU by a credit institution wishing to establish a branch within the territory of another Member State to the competent authorities of its home Member State;

  2. ‘change in branch particulars notification’ means a notification made in accordance with Article 36(3) of Directive 2013/36/EU by a credit institution to the competent authorities of the home and host Member States of a change in the particulars communicated pursuant to Article 35(2)(b), (c) or (d) of that Directive;

  3. ‘services passport notification’ means a notification made in accordance with Article 39(1) of Directive 2013/36/EU by a 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 to the competent authorities of its home Member State;

  4. ‘passport notifications’ means a branch passport notification, a change in branch particulars notification or a services passport notification.

Article 3 General requirements for passport notifications

1.

Passport notifications submitted under this Regulation shall comply with the following requirements:

  1. they shall be in writing in a language accepted by the competent authorities of the home Member State and in a language accepted by the competent authorities of the host Member State, or in any Union language accepted by both the competent authorities of the home and host Member States;

  2. they shall be transmitted by post, or by electronic means where these are accepted by the relevant competent authorities.

2.

The competent authorities shall make the following information publicly available:

  1. the languages accepted in accordance with paragraph 1(a);

  2. the address to which passport notifications are to be sent where submitted by post;

  3. any electronic means by which passport notifications may be submitted and any relevant contact details.

CHAPTER II PROCEDURES FOR BRANCH PASSPORT NOTIFICATION

Article 4 Submission of the branch passport notification

Article 5 Assessment of completeness and accuracy of the branch passport notification

Article 6 Communication of the branch passport notification

Article 7 Communication of conditions in the interest of the general good

CHAPTER III PROCEDURES FOR A CHANGE IN BRANCH PARTICULARS NOTIFICATION

Article 8 Submission of a change in branch particulars notification

Article 9 Assessment of completeness and accuracy of the notification

Article 10 Communication of the decisions taken following the notification

CHAPTER IV PROCEDURES FOR SERVICES PASSPORT NOTIFICATION

Article 11 Submission of the services passport notification

Article 12 Assessment of completeness and accuracy of the services passport notification

Article 13 Communication of the services passport notification

CHAPTER V FINAL PROVISIONS

Article 14 Entry into force

ANNEX IForm for the submission of a branch passport notification or a change in a branch particulars notification

ANNEX IIForm for the communication of branch passport notification

ANNEX IIIForm for the communication of the amount and composition of own funds and own funds requirements

ANNEX IVForm for the notification of a change which concerns a planned termination of the operation of a branch

ANNEX VForm for the submission of services passport notification

ANNEX VIForm for the communication of services passport notification