Article 9

Path:
Capital Requirements Directive 4 (CRD4) > TITLE III > CHAPTER 1 > Article 9
Title:
Article 9
Description:
Prohibition against persons or undertakings other than credit institutions from carrying out the business of taking deposits or other repayable funds from the public
Main content:
2. Paragraph 1 shall not apply to the taking of deposits or other funds repayable by a Member State, or by a Member State's regional or local authorities, by public international bodies of which one or more Member States are members, or to cases expressly covered by national or Union law, provided that those activities are subject to regulations and controls intended to protect depositors and investors.
Topic:
Topic: