Article 3
The information to be notified in a branch passport notification shall include the following:
name and address of the credit institution and intended principal place of business of the branch;
programme of operations as specified in paragraph 2.
The programme of operations referred to in paragraph 1(b) shall comprise the following information:
types of business envisaged, comprising the following information:
the main objectives and business strategy of the branch and an explanation of how the branch will contribute to the strategy of the institution and, where applicable, of its group;
a list of the activities in Annex I to Directive 2013/36/EU that the credit institution intends to carry out in the host Member State, including the intended start date for each activity as accurate as possible, and, in case of cessation of activities, the list of the ceased activities;
a list of the activities that will constitute the core business in the host Member State;
a description of the target customers and counterparties;
structural organisation of the branch, comprising the following information:
a description of the organisational structure of the branch, including functional and legal reporting lines and the position and role of the branch within the corporate structure of the institution and, where applicable, of its group;
a description of the governance arrangements and internal control mechanisms of the branch, including the following information:
where the branch is expected to carry out one or more of the investment services and activities defined in Article 4(1), point (2), of Directive 2014/65/EU of the European Parliament and of the Council ( 1 ), a description of the following arrangements:
the details of professional experience of the persons responsible for the management of the branch;
other information, comprising the following:
a financial plan containing forecasts for balance sheet and profit and loss account covering a period of three years, containing the underlying assumptions;
the name and contact details of the Union deposit guarantee and investor protection schemes of which the institution is a member and which cover the activities and services of the branch, together with the maximum coverage of the investor protection scheme;
details of the branch's IT arrangements.
( 1 ) Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (OJ L 173, 12.6.2014, p. 349).