EU · MiFID II · TITLE II AUTHORISATION AND OPERATING CONDITIONS FOR INVESTMENT FIRMS · CHAPTER I Conditions and procedures for authorisation
Article 8 MiFID IIWithdrawal of authorisations
Lets competent authorities withdraw an investment firm's authorisation where it is not used within 12 months or inactive for six months, was obtained by false statements, the conditions for authorisation (including under the IFR) are no longer met, the firm has seriously and systematically breached MiFID II or MiFIR, or national law provides for withdrawal; withdrawals are notified to ESMA.
Amendments and application dates
| Amending act | Change | Applies from |
|---|---|---|
| Directive (EU) 2019/2034 | Text amended | by 26 Jun 2021 |
Level 3: ESMA Q&As, guidelines and opinions
- Q&ALegacy Q&A documentESMA rulebook
AI summaryESMA's consolidated legacy Q&A document (ESMA70-872942901-38, final version 13 October 2023) on market structure topics, covering data disaggregation, direct electronic access and algorithmic trading, the tick size regime, multilateral and bilateral systems (including OTFs and systematic internalisers) and access to CCPs and trading venues. It is no longer updated; later Q&As are in ESMA's Q&A tool.
Commentary
No law-firm commentary is linked to this provision yet.
393 more documents relate to MiFID II as a whole without naming an article.
UK counterpart
- SUP 6.3.42G · Commencing new regulated activitiesDivergedExplicit reference · 90%
EU changes after exit: Directive (EU) 2019/2034 (by 26 Jun 2021). UK changes after exit to SUP 6.3.42G: FCA 2022/14 (from 19 May 2022), FCA 2025/18 (from 3 Jun 2025).
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Version history
- From 26 Jun 2021
- From 17 Sept 2014 to 26 Jun 2021
Each entry is a consolidated version of the act on EUR-Lex in which this provision appears. The text itself is on the official site.