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Markets in Financial
Instruments Directive (MiFID)
DIRECTIVE 2004/39/EC
Article 61
Powers for host Member States
1. Host Member States may, for statistical purposes, require all
investment firms with branches within their territories to report
to them periodically on the activities of those branches.
2. In discharging their responsibilities under this Directive,
host Member States may require branches of investment firms to
provide the information necessary for the monitoring of their
compliance with the standards set by the host Member State that
apply to them for the cases provided for in Article 32(7).
Those
requirements may not be more stringent than those which the same
Member
State
imposes on established firms for the monitoring of their
compliance with the same standards.
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