Maintenance of authorisation (Article 16, PSD2)

Definition

Where any change affects the accuracy of information and evidence provided in accordance with Article 5, the payment institution shall, without undue delay, inform the competent authorities of its home Member State accordingly.

Source law

TITLE II, CHAPTER 1, Section 1, Article 16

Related terms:

Parent term:

CHAPTER 1 - Payment institutions / Section 1 General rules (PSD2)

Sibling terms:

Applications for authorisation (Article 5, PSD2)
Control of the shareholding (Article 6, PSD2)
Initial capital (Article 7, PSD2)
Own funds (Article 8, PSD2)
Calculation of own funds (Article 9, PSD2)
Safeguarding requirements (Article 10, PSD2)
Granting of authorisation (Article 11, PSD2)
Communication of the decision (Article 12, PSD2)
Withdrawal of authorisation (Article 13, PSD2)
Registration in the home Member State (Article 14, PSD2)
EBA register (Article 15, PSD2)
Accounting and statutory audit (Article 17, PSD2)
Activities (Article 18, PSD2)