Updated 22/12/2024
In force

Initial Legal Act
Amendments
Search within this legal act

Article 4 - Information requests regarding cross-border service providers

Article 4

Information requests regarding cross-border service providers

1.   The competent authorities of a host Member State, in which an investment firm carries out its activities under the freedom to provide services, which request the competent authorities of the home Member State to provide the information regarding those services as laid down in Delegated Regulation (EU) 2023/1117 shall:

(a)

provide the request for information in written or electronic form to the relevant contact person identified in the contact list referred to in Article 2(1);

(b)

indicate a reasonable time by which the response is expected to be available.

2.   The competent authorities of the home Member State receiving a request referred to in paragraph 1 shall provide the information without undue delay and shall make every effort to respond by the time indicated in the request. If those competent authorities are unable to reply by the time indicated in the request, they shall inform the requesting competent authorities without undue delay of the time by which they will provide the information.