Directive (EU) 2019/2034 of the European Parliament and of the CouncilShow full title

1. Introductory Text

2. TITLE I SUBJECT MATTER, SCOPE AND DEFINITIONS

   1. Article 1. Subject matter

   2. Article 2. Scope

   3. Article 3. Definitions

3. TITLE II COMPETENT AUTHORITIES

   1. Article 4. Designation and powers of the competent authorities

   2. Article 5. Discretion of competent authorities to subject certain investment firms to the requirements of Regulation (EU) No 575/2013

   3. Article 6. Cooperation within a Member State

   4. Article 7. Cooperation within the European System of Financial Supervision

   5. Article 8. Union dimension of supervision

4. TITLE III INITIAL CAPITAL

   1. Article 9. Initial capital

   2. Article 10. References to initial capital in Directive 2013/36/EU

   3. Article 11. Composition of initial capital

5. TITLE IV PRUDENTIAL SUPERVISION

   1. CHAPTER 1 Principles of prudential supervision

      1. Section 1 Competences and duties of home and host Member States

         1. Article 12. Competence of the competent authorities of the home and host Member State

         2. Article 13. Cooperation between competent authorities of different Member States

         3. Article 14. On‐the‐spot checking and inspection of branches established in another Member State

      2. Section 2 Professional secrecy and duty to report

         1. Article 15. Professional secrecy and exchange of confidential information

         2. Article 16. Cooperation arrangements with third countries for the exchange of information

         3. Article 17. Duties of persons responsible for the control of annual and consolidated accounts

      3. Section 3 Sanctions, investigatory powers and right of appeal

         1. Article 18. Administrative sanctions and other administrative measures

         2. Article 19. Investigatory powers

         3. Article 20. Publication of administrative sanctions and other administrative measures

         4. Article 21. Reporting sanctions to EBA

         5. Article 22. Reporting of breaches

         6. Article 23. Right of appeal

   2. CHAPTER 2 Review process

      1. Section 1 Internal capital adequacy assessment process and internal risk ‐ assessment process

         1. Article 24. Internal capital and liquid assets

      2. Section 2 Internal governance, transparency, treatment of risks and remuneration

         1. Article 25. Scope of application of this Section

         2. Article 26. Internal governance

         3. Article 27. Country‐by‐country reporting

         4. Article 28. Role of the management body in risk management

         5. Article 29. Treatment of risks

         6. Article 30. Remuneration policies

         7. Article 31. Investment firms that benefit from extraordinary public financial support

         8. Article 32. Variable remuneration

         9. Article 33. Remuneration committee

         10. Article 34. Oversight of remuneration policies

         11. Article 35. EBA report on environmental, social, and governance risks

      3. Section 3 Supervisory review and evaluation process

         1. Article 36. Supervisory review and evaluation

         2. Article 37. Ongoing review of the permission to use internal models

      4. Section 4 Supervisory measures and powers

         1. Article 38. Supervisory measures

         2. Article 39. Supervisory powers

         3. Article 40. Additional own funds requirement

         4. Article 41. Guidance on additional own funds

         5. Article 42. Specific liquidity requirements

         6. Article 43. Cooperation with resolution authorities

         7. Article 44. Publication requirements

         8. Article 45. Obligation to inform EBA

   3. CHAPTER 3 Supervision of investment firm groups

      1. Section 1 Supervision of investment firm groups on a consolidated basis and supervision of compliance with the group capital test

         1. Article 46. Determination of the group supervisor

         2. Article 47. Information requirements in emergency situations

         3. Article 48. Colleges of supervisors

         4. Article 49. Cooperation requirements

         5. Article 50. Verification of information concerning entities located in other Member States

      2. Section 2 Investment holding companies, mixed financial holding companies and mixed ‐ activity holding companies

         1. Article 51. Inclusion of holding companies in supervision of compliance with the group capital test

         2. Article 52. Qualifications of directors

         3. Article 53. Mixed‐activity holding companies

         4. Article 54. Sanctions

         5. Article 55. Assessment of third‐country supervision and other supervisory techniques

         6. Article 56. Cooperation with third‐country supervisory authorities

6. TITLE V PUBLICATION BY COMPETENT AUTHORITIES

   1. Article 57. Publication requirements

7. TITLE VI DELEGATED ACTS

   1. Article 58. Exercise of the delegation

8. TITLE VII AMENDMENTS TO OTHER DIRECTIVES

   1. Article 59. Amendment to Directive 2002/87/EC

   2. Article 60. Amendment to Directive 2009/65/EC

   3. Article 61. Amendment to Directive 2011/61/EU

   4. Article 62. Amendments to Directive 2013/36/EU

   5. Article 63. Amendments to Directive 2014/59/EU

   6. Article 64. Amendments to Directive 2014/65/EU

9. TITLE VIII FINAL PROVISIONS

   1. Article 65. References to Directive 2013/36/EU in other Union legal acts

   2. Article 66. Review

   3. Article 67. Transposition

   4. Article 68. Entry into force

   5. Article 69. Addressees