Taking deposits and other repayable funds.
Lending including, inter alia: consumer credit, credit agreements relating to immovable property, factoring, with or without recourse, financing of commercial transactions (including forfeiting).
Financial leasing.
Payment services as defined in Article 4(3) of Directive 2007/64/EC.
Issuing and administering other means of payment (e.g. travellers' cheques and bankers' drafts) insofar as such activity is not covered by point 4.
Guarantees and commitments.
Trading for own account or for account of customers in any of the following:
money market instruments (cheques, bills, certificates of deposit, etc.);
foreign exchange;
financial futures and options;
exchange and interest-rate instruments;
transferable securities.
Participation in securities issues and the provision of services relating to such issues.
Advice to undertakings on capital structure, industrial strategy and related questions and advice as well as services relating to mergers and the purchase of undertakings.
Money broking.
Portfolio management and advice.
Safekeeping and administration of securities.
Credit reference services.
Safe custody services.
Issuing electronic money.
The services and activities provided for in Sections A and B of Annex I to Directive 2004/39/EC, when referring to the financial instruments provided for in Section C of Annex I of that Directive, are subject to mutual recognition in accordance with this Directive.
| This Directive | Directive 2006/48/EC | Directive 2006/49/EC |
|---|---|---|
| Article 1 | Article 1(1) | |
| Article 2(1) | ||
| Article 2(2) | ||
| Article 2(3) | ||
| Article 2(4) | Article 1(2) | |
| Article 2(5) | Article 2 | |
| Article 2(6) | Article 1(3) | |
| Article 3 | Article 4 | |
| Article 3(1), point (53) | Article 4, point (49) | |
| Article 4(1) | ||
| Article 4(2) | ||
| Article 4(3) | ||
| Article 4(4) | ||
| Article 4(5) | Article 35(1) | |
| Article 4(6) | ||
| Article 4(7) | ||
| Article 4(8) | ||
| Article 5 | Article 128 | |
| Article 6 | Article 42b(1) | |
| Article 7 | Article 40(3) | |
| Article 8(1) | Article 6(1) | |
| Article 8(2) | Article 6(2) | |
| Article 8(3) | Article 6(3) | |
| Article 8(4) | ||
| Article 9 | Article 5 | |
| Article 10 | Article 7 | |
| Article 11 | Article 8 | |
| Article 12(1) | Article 9(1), first subparagraph | |
| Article 12(2) | Article 9(1), second subparagraph | |
| Article 12(3) | Article 9(1), third subparagraph | |
| Article 12(4) | Article 9(2) | |
| Article 13(1) | Article 11(1) | |
| Article 13(2) | Article 11(2) | |
| Article 14(1) | Article 12(1) | |
| Article 14(2) | Article 12(2) | |
| Article 14(3) | Article 12(3) | |
| Article 15 | Article 13 | |
| Article 16(1) | Article 15(1) | |
| Article 16(2) | Article 15(2) | |
| Article 16(3) | Article 15(3) | |
| Article 17 | Article 16 | |
| Article 18 | Article 17(1) | |
| Article 19 | Article 18 | |
| Article 20(1) | Article 14 | |
| Article 20(2) | Article 14 | |
| Article 20(3) | ||
| Article 20(5) | Article 17(2) | |
| Article 21 | Article 3 | |
| Article 22(1) | Article 19(1) | |
| Article 22(2) | Article 19(2) | |
| Article 22(3) | Article 19(3) | |
| Article 22(4) | Article 19(4) | |
| Article 22(5) | Article 19(5) | |
| Article 22(6) | Article 19(6) | |
| Article 22(7) | Article 19(7) | |
| Article 22(8) | Article 19(8) | |
| Article 22(9) | Article 19(9) | |
| Article 23(1) | Article 19a(1) | |
| Article 23(2) | Article 19a(2) | |
| Article 23(3) | Article 19a(3) | |
| Article 23(4) | Article 19a(4) | |
| Article 23(5) | Article 19a(5) | |
| Article 24(1) | Article 19b(1) | |
| Article 24(2) | Article 19b(2) | |
| Article 25 | Article 20 | |
| Article 26(1) | Article 21(1) | |
| Article 26(2) | Article 21(2) | |
| Article 27 | Article 21(3) | |
| Article 28(1) | Article 4 | |
| Article 28(2) | Article 9 | |
| Article 29(1) | Article 5(1) | |
| Article 29(2) | Article 5(2) | |
| Article 29(3) | Article 5(3) | |
| Article 29(4) | Article 5(2) | |
| Article 30 | Article 6 | |
| Article 31(1) | Article 7 | |
| Article 31(2) | Article 8 | |
| Article 32(1) | Article 10(1) | |
| Article 32(2) | Article 10(2) | |
| Article 32(3) | Article 10(3) | |
| Article 32(4) | Article 10(4) | |
| Article 32(5) | Article 10(5) | |
| Article 33 | Article 23 | |
| Article 34(1) | Article 24(1) | |
| Article 34(2) | Article 24(2) | |
| Article 34(3) | Article 24(3) | |
| Article 35(1) | Article 25(1) | |
| Article 35(2) | Article 25(2) | |
| Article 35(3) | Article 25(3) | |
| Article 35(4) | Article 25(4) | |
| Article 35(5) | Article 25(5) | |
| Article 35(6) | Article 25(5) | |
| Article 35(7) | Article 25(5) | |
| Article 36(1) | Article 26(1) | |
| Article 36(2) | Article 26(2) | |
| Article 36(3) | Article 26(3) | |
| Article 36(4) | Article 26(4) | |
| Article 36(5) | Article 26(5) | |
| Article 36(6) | Article 26(5) | |
| Article 36(7) | Article 26(5) | |
| Article 37 | Article 36 | |
| Article 38 | Article 27 | |
| Article 39(1) | Article 28(1) | |
| Article 39(2) | Article 28(2) | |
| Article 39(3) | Article 28(3) | |
| Article 39(4) | Article 28(4) | |
| Article 39(5) | Article 28(4) | |
| Article 39(6) | Article 28(4) | |
| Article 40, first paragraph | Article 29, first paragraph | |
| Article 40, second paragraph | ||
| Article 40, third paragraph | ||
| Article 41(1) | Article 30(1) and (2) | |
| Article 41(2) | ||
| Article 42 | Article 32 | |
| Article 43(1) | Article 33, first paragraph | |
| Article 43(2) | ||
| Article 43(3) | ||
| Article 43(4) | ||
| Article 43(5) | ||
| Article 44 | Articles 31 and 34 | |
| Article 45 | Article 35 | |
| Article 46 | Article 37 | |
| Article 47(1) | Article 38(1) | |
| Article 47(2) | Article 38(2) | |
| Article 47(3) | Article 38(3) | |
| Article 48(1) | Article 39(1) | |
| Article 48(2) | Article 39(2) | |
| Article 48(3) | Article 39(3) | |
| Article 48(4) | Article 39(4) | |
| Article 49(1) | Article 40(1) | |
| Article 49(2) | Article 40(2) | |
| Article 49(3) | Article 41, third paragraph | |
| Article 50(1) | Article 42, first paragraph | |
| Article 50(2) | ||
| Article 50(3) | ||
| Article 50(4) | ||
| Article 50(5) | Article 42, second paragraph | |
| Article 50(6) | Article 42, third and sixth paragraphs | |
| Article 50(7) | Article 42, fourth and seventh paragraph | |
| Article 50(8) | Article 42, fifth paragraph | |
| Article 51(1) | Article 42a(1) | |
| Article 51(2) | Article 42a(2) | |
| Article 51(3) | Article 42a(3) | |
| Article 51(4) | Article 42a(3) | |
| Article 51(5) | Article 42a(3) | |
| Article 51(6) | ||
| Article 52(1) | Article 43(1) | |
| Article 52(2) | Article 43(2) | |
| Article 52(3) | ||
| Article 52(4) | ||
| Article 53(1) | Article 44(1) | |
| Article 53(2) | Article 44(2) | |
| Article 53(3) | ||
| Article 54 | Article 45 | |
| Article 55 | Article 46 | |
| Article 56 | Article 47 | |
| Article 57(1) | Article 48(1), first subparagraph | |
| Article 57(2) | Article 48(1), second subparagraph | |
| Article 57(3) | Article 48(2), first and second subparagraph | |
| Article 57(4) | Article 48(2), third subparagraph | |
| Article 57(5) | Article 48(2), fifth subparagraph | |
| Article 57(6) | Article 48(2), fourth subparagraph | |
| Article 58 | Article 49, first paragraph | |
| Article 58(2) | Article 49, second paragraph | |
| Article 58(3) | Article 49, fourth paragraph | |
| Article 58(4) | Article 49, fifth paragraph | |
| Article 59(1) | Article 50 | |
| Article 59(2) | ||
| Article 60 | Article 51 | |
| Article 61(1) | Article 52, first paragraph | |
| Article 61(2) | Article 52, second paragraph | |
| Article 62 | ||
| Article 63(1) | Article 53(1) | |
| Article 63(2) | Article 53(2) | |
| Article 64 | ||
| Article 65 | ||
| Article 66 | ||
| Article 67 | ||
| Article 68 | ||
| Article 69 | ||
| Article 70 | ||
| Article 71 | ||
| Article 72 | Article 55 | |
| Article 73 | Article 123 | |
| Article 74(1) | Article 22(1) | |
| Article 74(2) | Article 22(2) | |
| Article 74(3) | Article 22(6) | |
| Article 74(4) | ||
| Article 75(1) | Article 22(3) | |
| Article 75(2) | Article 22(4) | |
| Article 75(3) | Article 22(5) | |
| Article 76(1) | Annex V, point 2 | |
| Article 76(2) | ||
| Article 76(3) | ||
| Article 76(4) | ||
| Article 76(5) | ||
| Article 77 | ||
| Article 78 | ||
| Article 79 | Annex V, points 3, 4 and 5 | |
| Article 80 | Annex V, point 6 | |
| Article 81 | Annex V, point 7 | |
| Article 82(1) | Annex V, point 8 | |
| Article 82(2) | Annex V, point 9 | |
| Article 83(1) | Annex V, point 10 | |
| Article 83(2) | Annex IV, point 5 | |
| Article 83(3) | Annex I, points 38 and 41 | |
| Article 84 | Annex V, point 11 | |
| Article 85(1) | Annex V, point 12 | |
| Article 85(2) | Annex V, point 13 | |
| Article 86(1) | Annex V, point 14 | |
| Article 86(2) | Annex V, point 14a | |
| Article 86(3) | ||
| Article 86(4) | Annex V, point 15 | |
| Article 86(5) | Annex V, point 16 | |
| Article 86(6) | Annex V, point 17 | |
| Article 86(7) | Annex V, point 18 | |
| Article 86(8) | Annex V, point 19 | |
| Article 86(9) | Annex V, point 20 | |
| Article 86(10) | Annex V, point 21 | |
| Article 86(11) | Annex V, point 22 | |
| Article 87 | ||
| Article 88(1) | Annex V, point 1 | |
| Article 88 (2) | ||
| Article 89 | ||
| Article 90 | ||
| Article 91 | ||
| Article 92(1) | Annex V, point 23, second paragraph | |
| Article 92(2), introductory sentence | Annex V, point 23, introductory sentence | |
| Article 92(2)(a) | Annex V, point 23(a) | |
| Article 92(2)(b) | Annex V, point 23(b) | |
| Article 92(2)(c) | Annex V, point 23(c) | |
| Article 92(2)(d) | Annex V, point 23(d) | |
| Article 92(2)(e) | Annex V, point 23(e) | |
| Article 92(2)(f) | Annex V, point 23(f) | |
| Article 92(2)(g) | ||
| Article 93 | Annex V, point 23(k) | |
| Article 94(1)(a) | Annex V, point 23(g) | |
| Article 94(1)(b) | Annex V, point 23(h) | |
| Article 94(1)(c) | Annex V, point 23(i) | |
| Article 94(1)(d) | ||
| Article 94(1)(e) | Annex V, point 23(j) | |
| Article 94(1)(f) | Annex V, point 23(l) | |
| Article 94(1)(g) | ||
| Article 94(1)(h) | Annex V, point 23(m) | |
| Article 94(1)(i) | ||
| Article 94(1)(j) | Annex V, point 23(n) | |
| Article 94(1)(k) | Annex V, point 23(n) | |
| Article 94(1)(l) | Annex V, point 23(o) | |
| Article 94(1)(m) | Annex V, point 23(p) | |
| Article 94(1)(n) | Annex V, point 23(q) | |
| Article 94(1)(o) | Annex V, point 23(r) | |
| Article 94(1)(p) | Annex V, point 23(s) | |
| Article 94(1)(q) | Annex V, point 23(t) | |
| Article 94(2) | Article 150(3)b | |
| Article 95 | Annex V, point 24 | |
| Article 96 | ||
| Article 97(1) | Article 124(1) | |
| Article 97(2) | Article 124(2) | |
| Article 97(3) | Article 124(3) | |
| Article 97(4) | Article 124(4) | |
| Article 98(1) | Annex XI, point 1 | |
| Article 98(2) | Annex XI, point 1a | |
| Article 98(3) | Annex XI, point 2 | |
| Article 98(4) | Annex XI, point 3 | |
| Article 98(5) | Article 124(5) | |
| Article 98(6) | ||
| Article 98(7) | ||
| Article 99 | ||
| Article 100 | ||
| Article 101 | ||
| Article 102(1) | Article 136(1) | |
| Article 102(2) | ||
| Article 103 | ||
| Article 104 | Article 136 | |
| Article 105 | ||
| Article 106(1) | Article 149 | |
| Article 106(2) | ||
| Article 107 | ||
| Article 108(1), first subparagraph | Article 68(2) | |
| Article 108(1), second subparagraph | Article 3 | |
| Article 108(1), third subparagraph | ||
| Article 108(2) | Article 71(1) | |
| Article 108(3) | Article 71(2) | |
| Article 108(4) | Article 73(2) | |
| Article 109(1) | Article 68(1) | |
| Article 109(2) | Article 73(3) | |
| Article 109(3) | ||
| Article 110(1) | Article 124(2) | |
| Article 110(2) | Article 23 | |
| Article 111(1) | Article 125(1) | Article 2 |
| Article 111(2) | Article 125(2) | Article 2 |
| Article 111(3) | Article 126(1) | |
| Article 111(4) | Article 126(2) | |
| Article 111(5) | Article 126(3) | |
| Article 111(6) | Article 126(4) | |
| Article 112(1) | Article 129(1), first subparagraph | |
| Article 112(2) | Article 129(1), second subparagraph | |
| Article 112(3) | Article 129(1), third subparagraph | |
| Article 113(1)(a) | Article 129(3), first subparagraph | |
| Article 113(1)(b) | ||
| Article 113(2)(a), first subparagraph | Article 129(3), second subparagraph | |
| Article 113(2)(b), first subparagraph | ||
| Article 113(2), second subparagraph | Article 129(3), second subparagraph | |
| Article 113(3), third subparagraph | Article 129(3), third subparagraph | |
| Article 113(3) | Article 129(3), fourth to seventh subparagraph | |
| Article 113(4) | Article 129(3), eighth and ninth subparagraph | |
| Article 113(5) | Article 129(3), tenth and eleventh subparagraph | |
| Article 114 | Article 130 | |
| Article 115 | Article 131 | |
| Article 116(1) | Article 131a(1), first, second and third subparagraph | |
| Article 116(2) | Article 131a(1), fourth subparagraph | |
| Article 116(3) | Article 131a(2), first subparagraph | |
| Article 116(4) | Article 131a(2), second and third subparagraph | |
| Article 116(5) | Article 131a(2), fourth and fifth subparagraph | |
| Article 116(6) | Article 131a(2), sixth subparagraph | |
| Article 116(7) | Article 131a(2), seventh subparagraph | |
| Article 116(8) | Article 131a(2), eighth subparagraph | |
| Article 116(9) | Article 131a(2), ninth subparagraph | |
| Article 117(1) | Article 132(1), first to sixth subparagraph | |
| Article 117(2) | Article 132(1), seventh and eighth subparagraph | |
| Article 117(3) | Article 132(2) | |
| Article 117(4) | Article 132(3) | |
| Article 118 | Article 141 | |
| Article 119(1) | Article 127(1) | |
| Article 119(2) | Article 127(2) | |
| Article 119(3) | Article 127(3) | |
| Article 120 | Article 72a | |
| Article 121 | Article 135 | |
| Article 122 | Article 137 | |
| Article 123 (1) | Article 138(1) | |
| Article 123(2) | Article 138(2), first subparagraph | |
| Article 124 | Article 139 | |
| Article 125 | Article 140 | Article 2 |
| Article 126 | Article 142 | |
| Article 127 | Article 143 | |
| Article 128 | ||
| Article 129 | ||
| Article 130 | ||
| Article 131 | ||
| Article 132 | ||
| Article 133 | ||
| Article 134 | ||
| Article 135 | ||
| Article 136 | ||
| Article 137 | ||
| Article 138 | ||
| Article 139 | ||
| Article 140 | ||
| Article 141 | ||
| Article 142 | ||
| Article 143 | Article 144 | |
| Article 144(1) | Article 122a(9) | |
| Article 144(2) | Article 69(4) | |
| Article 144(3) | Article 70(4) | |
| Article 145 | Article 150(1) | |
| Article 146 | Article 150(1a) | |
| Article 147(1) | Article 151(1) | |
| Article 147(2) | Article 151(2) | |
| Article 148(1) | Article 151a(3) | |
| Article 148(2) | Article 151a(1) | |
| Article 148(3) | Article 151b | |
| Article 148(4) | Article 151a(2) | |
| Article 148(5) | Article 151c | |
| Article 149 | ||
| Article 150 | ||
| Article 151 | ||
| Article 152 | Article 29 | |
| Article 153 | Article 30 | |
| Article 154 | Article 33 | |
| Article 155 | Article 40 | |
| Article 156 | Article 41 | |
| Article 157 | Article 42 | |
| Article 158 | Article 42a | |
| Article 159 | Article 43 | |
| Article 160 | ||
| Article 161(1) | Article 156, sixth paragraph | |
| Article 161(2) | Article 156, fourth paragraph | |
| Article 161(3) | ||
| Article 161(4) | ||
| Article 161(5) | ||
| Article 161(6) | ||
| Article 161(7) | ||
| Article 161(8) | ||
| Article 161(9) | ||
| Article 162(1) | ||
| Article 162(2) | ||
| Article 162(3) | ||
| Article 162(4) | Article 157(1), third subparagraph | |
| Article 162(5) | ||
| Article 162(6) | ||
| Article 163 | Article 158 | |
| Article 164 | Article 159 | |
| Article 165 | Article 160 | |
| Annex I | Annex I |