{"release":{"id":"c89ff15ec1240a456b40735def079beeda55a0c372be7f3da154287997367ecf","published":"2026-11-02T04:02:35Z","pinned":false},"limits":{"coverage":{"history":"from:2023-03-23","held_since":"2023-03-23","gaps":[],"covered":["MiFID II L1"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"c89ff15ec1240a456b40735def079beeda55a0c372be7f3da154287997367ecf","release_published":"2026-11-02T04:02:35Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifid-ii/articles/14","url":"https://www.headlesslaw.com/mifid-ii/articles/14","title":"Article 14 — Membership of an authorised investor compensation scheme","family":"l1_generated","work_id":"mifid2","status":"in_force","force_status":"in_force","date_state":"current","requested_date":null,"as_of":"2026-11-02","applies_from":null,"application":null,"version_label":"Consolidated version of 6 June 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of an authorised investor compensation scheme","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mifid2/art/14/subpara/1","kind":"subparagraph","status":"in_force","label":null,"heading":null,"text":"The competent authority shall verify that any entity seeking authorisation as an investment firm meets its obligations under Directive 97/9/EC at the time of authorisation.","marks":[],"revision":1,"text_hash":"be292330bea0a951329f5c60bffc54a79bdd1c2cf80bfe0f9553717b0736c960","reason":null},{"locator":"mifid2/art/14/subpara/1/cont/1","kind":"continuation","status":"in_force","label":null,"heading":null,"text":"The obligation laid down in the first paragraph shall be met in relation to structured deposits where the structured deposit is issued by a credit institution which is a member of a deposit guarantee scheme recognised under Directive 2014/49/EU.","marks":[],"revision":1,"text_hash":"f43a630c8aef53edce5ef985fbbc7bc29c42eacb820079cc0e686cbe94d68662","reason":null}],"markdown":"---\ntitle: \"Article 14 — Membership of an authorised investor compensation scheme\"\ntype: regulation\nlegal_status: in_force\nsource: \"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606\"\nsource_retrieved: 2026-09-28\nshortTitle: \"Article 14 — Membership of an authorised investor compensation scheme\"\ninstrument_type: level1_directive\nauthority: Commission\nbinding: true\nbinding_character: binding\nmica_level2: false\nlegal_basis: \"Directive 2014/65/EU\"\ninstrument: mifid2\ncelex: \"32014L0065\"\nregulation: MiFID II\nregulation-full: \"Directive 2014/65/EU\"\narticle: 14\nstatus: in_force\nobject_id: eu.mifid2.legal_text.article.14\ntext_version: \"Consolidated version of 6 June 2026\"\nsource_url: \"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\n---\n\n*In force · Consolidated version of 6 June 2026 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606)*\n\nThe competent authority shall verify that any entity seeking authorisation as an [investment firm](https://www.headlesslaw.com/definitions/mifid-ii/investment-firm) meets its obligations under Directive 97/9/EC at the time of authorisation.\n\nThe obligation laid down in the first paragraph shall be met in relation to structured deposits where the [structured deposit](https://www.headlesslaw.com/definitions/mifid-ii/structured-deposit) is issued by a credit institution which is a member of a deposit guarantee scheme recognised under Directive 2014/49/EU.\n\n***\n\n[Title II — Authorisation and operating conditions for investment firms](../titles/ii.md) · [← Article 13e](13e.md) · [Article 15 →](15.md)\n"}