Article 45

Path:
Capital Requirements Directive 4 (CRD4) > TITLE V > CHAPTER 4 > Article 45
Title:
Article 45
Description:
Measures following withdrawal of authorisation
Main content:

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.