Article 44

Path:
Capital Requirements Directive 4 (CRD4) > TITLE V > CHAPTER 4 > Article 44
Title:
Article 44
Description:
Powers of host Member States
Main content:

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.