Requirement (MIFID)
Article 61 Powers for host Member States
Requirements MIFID - DIRECTIVE 2004/39/EC
Description
Description
1. Host Member States may, for statistical purposes, require all
investment firms with branches within their territories to report to them
periodically on the activities of those branches.
2. In discharging their responsibilities under this Directive, host
Member States may require branches of investment firms to provide the
information necessary for the monitoring of their compliance with the
standards set by the host Member State that apply to them for the cases
provided for in Article 32(7). Those requirements may not be more
stringent than those which the same Member State imposes on established
firms for the monitoring of their compliance with the same standards.