art_39__para_1
IFD
1. Member States shall ensure that competent authorities have the necessary supervisory powers to intervene in the exercise of their functions into the activity of investment firms in an effective and proportionate way.
National law under this provision
1 national measure recorded under this provision, in 1 form — sign in to view the analysis.
← Article 39 · All articles · art_39__para_2 →
Source: EUR-Lex CELLAR · retrieved 2026-09-05 · Text as adopted (Official Journal); later amendments are not incorporated in this text.