Requirement (MIFID)
Article 11 Membership of an authorised Investor Compensation Scheme
Requirements MIFID - DIRECTIVE 2004/39/EC
Description
Description
The competent authority shall verify that any entity seeking authorisation
as an investment firm meets its obligations under Directive 97/9/EC
of the European Parliament and of the Council of 3 March 1997 on
investor-compensation schemes (1) at the time of authorisation.