Change in branch particulars notification and notification of termination of operation of a branch
Article 4
1. A change in branch particulars notification which is not related to a planned termination of operation of a branch shall be notified where there is a change in the information specified in Article 3(1)(a) and (b), other than the one specified in Article 3(2)(d) since the last notification by the credit institution, or, if that information had not been notified, since the date of the entry into force of this Regulation. 2. The information to be notified when a credit institution plans to terminate the operation of a branch shall include the following: (a) the name and contact details of the persons who will be responsible for the process of terminating the operation of the branch; (b) the estimated schedule for the planned termination and any relevant updates as the process evolves; (c) the information on the process of terminating the business relations with branch customers.