Directive 2014/65/EU of the European Parliament and of the… Article 15

Initial capital endowment

Article 15

Member States shall ensure that the competent authorities do not grant authorisation unless the investment firm has sufficient initial capital in accordance with the requirements of Regulation (EU) No 575/2013 having regard to the nature of the investment service or activity in question.

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Other provisions in CHAPTER I — Conditions and procedures for authorisation

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 15 of Directive 2014/65/EU of the European Parliament and of the… (LawPlayer, data as of 2026-07-04)

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