{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","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":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifid-ii/articles/43","url":"https://www.headlesslaw.com/mifid-ii/articles/43","title":"Article 43 — Withdrawal of authorisations","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 2026","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606","valid_from":"2023-03-23","valid_until":null,"revision":1,"content_id":"523bd2d1c5b7fea1","change_date":null,"nearest_versions":["2023-03-23"],"first_text_date":"2014-05-15","correction_applies":false,"versions":["2023-03-23"],"version_url":"https://www.headlesslaw.com/mifid-ii/articles/43/versions/2023-03-23","revision_url":"https://www.headlesslaw.com/mifid-ii/articles/43/versions/2023-03-23/rev/523bd2d1c5b7fea1","versions_url":"https://www.headlesslaw.com/mifid-ii/articles/43/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/articles/43/relations","source_line":null,"attribution":null},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/articles/43.md","body_sha256":"317a8b52b861629ef60030c824ee64af16bdd21692c5f1083b3ddf9697c178f5"},"units":[{"locator":"mifid2/art/43","kind":"article","status":"in_force","label":null,"heading":"Withdrawal of authorisations","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mifid2/art/43/para/1","kind":"paragraph","status":"in_force","label":"1.","heading":null,"text":"The competent authority which granted an authorisation under Articles 41 may withdraw the authorisation issued to a third country firm where such a firm:","marks":[],"revision":1,"text_hash":"f803aff0b45bcbac89c54f028334df3c7b0f28ff35e250a975bedbeb0416f1d1","reason":null},{"locator":"mifid2/art/43/para/1/pt/a","kind":"point","status":"in_force","label":"(a)","heading":null,"text":"does not make use of the authorisation within 12 months, expressly renounces the authorisation or has provided no investment services or performed no investment activity for the preceding six months, unless the Member State concerned has provided for the authorisation to lapse in such cases;","marks":[],"revision":1,"text_hash":"5016e9c15e392010a55a9ef03154a28aeb26412d15873759a7e83af3813add82","reason":null},{"locator":"mifid2/art/43/para/1/pt/b","kind":"point","status":"in_force","label":"(b)","heading":null,"text":"has obtained the authorisation by making false statements or by any other irregular means;","marks":[],"revision":1,"text_hash":"1e2ca130cc82c109c6279a15497809063dc09af370b0658c1ab199ed7b08b6a9","reason":null},{"locator":"mifid2/art/43/para/1/pt/c","kind":"point","status":"in_force","label":"(c)","heading":null,"text":"no longer meets the conditions under which authorisation was granted;","marks":[],"revision":1,"text_hash":"624367afe2517e4bc7cf439d620306657576413f309e78df8e5e86bd303e4b4b","reason":null},{"locator":"mifid2/art/43/para/1/pt/d","kind":"point","status":"in_force","label":"(d)","heading":null,"text":"has seriously and systematically infringed the provisions adopted pursuant to this Directive governing the operating conditions for investment firms and applicable to third-country firms;","marks":[],"revision":1,"text_hash":"9b351e0a08e7a84146f4d73f81222143a47693ef1f17c70d6bd8f4cd8b37071c","reason":null},{"locator":"mifid2/art/43/para/1/pt/e","kind":"point","status":"in_force","label":"(e)","heading":null,"text":"falls within any of the cases where national law, in respect of matters outside the scope of this Directive, provides for withdrawal.","marks":[],"revision":1,"text_hash":"05c76248147dd99a7e66e92a8a7d1d2ff75df0f199b514739cff91c976564c36","reason":null}],"markdown":"---\ntitle: \"Article 43 — Withdrawal of authorisations\"\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 43 — Withdrawal of authorisations\"\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: 43\nstatus: in_force\nobject_id: eu.mifid2.legal_text.article.43\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 which granted an authorisation under [Articles 41](41.md) may withdraw the authorisation issued to a third country firm where such a firm:\n\n<a id=\"p-a\"></a>**(a)** does not make use of the authorisation within 12 months, expressly renounces the authorisation or has provided no investment services or performed no investment activity for the preceding six months, unless the Member State concerned has provided for the authorisation to lapse in such cases;\n\n<a id=\"p-b\"></a>**(b)** has obtained the authorisation by making false statements or by any other irregular means;\n\n<a id=\"p-c\"></a>**(c)** no longer meets the conditions under which authorisation was granted;\n\n<a id=\"p-d\"></a>**(d)** has seriously and systematically infringed the provisions adopted pursuant to this Directive governing the operating conditions for investment firms and applicable to third-country firms;\n\n<a id=\"p-e\"></a>**(e)** falls within any of the cases where national law, in respect of matters outside the scope of this Directive, provides for withdrawal.\n\n***\n\n[Title II — Authorisation and operating conditions for investment firms](../titles/ii.md) · [← Article 42](42.md) · [Article 44 →](44.md)\n"}