Assessment of completeness and accuracy of the branch passport notification
Article 5
1. On receipt of a branch passport notification the competent authorities of the home Member State shall assess the completeness and accuracy of the information provided. 2. Competent authorities of the home Member State shall treat the three-month period referred to in Article 35(3) of Directive 2013/36/EU as having commenced on the date of receipt of the branch passport notification containing information that is assessed to be complete and correct. 3. Where the information provided in the branch passport notification is assessed to be incomplete or incorrect, the competent authorities of the home Member State shall inform the credit institution without delay, indicating in which respect the information is assessed to be incomplete or incorrect.