{"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/8","url":"https://www.headlesslaw.com/mifid-ii/articles/8","title":"Article 8 — 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 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of authorisations","text":"","marks":[],"revision":1,"text_hash":"e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855","reason":null},{"locator":"mifid2/art/8/para/1","kind":"paragraph","status":"in_force","label":"1.","heading":null,"text":"The competent authority may withdraw the authorisation issued to an investment firm where such an investment firm:","marks":[],"revision":1,"text_hash":"3a4092b338bfef802f87f6c843ba12c5ef3d44aa7e243c1f1b09212d27fdc797","reason":null},{"locator":"mifid2/art/8/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 authorisation to lapse in such cases;","marks":[],"revision":1,"text_hash":"6fe0bf1fe112eef2ff32daf0dd3352dbb436fd17fe020c36b65decf927837c74","reason":null},{"locator":"mifid2/art/8/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/8/para/1/pt/c","kind":"point","status":"in_force","label":"(c)","heading":null,"text":"no longer meets the conditions under which authorisation was granted, such as compliance with the conditions set out in Regulation (EU) 2019/2033 of the European Parliament and of the Council;","marks":[],"revision":1,"text_hash":"da99b2697b719d6a166caa5fd01cd8c614c339a2b7d04b74e47911226d37f873","reason":null},{"locator":"mifid2/art/8/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 or Regulation (EU) No 600/2014 governing the operating conditions for investment firms;","marks":[],"revision":1,"text_hash":"0f305020427f59ca7478c48ee1f0ef828537e6cab6bd875ca608ba712639e626","reason":null},{"locator":"mifid2/art/8/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},{"locator":"mifid2/art/8/para/1/cont/1","kind":"continuation","status":"in_force","label":null,"heading":null,"text":"Every withdrawal of authorisation shall be notified to ESMA.","marks":[],"revision":1,"text_hash":"f7ab90c295584ec464a03d7fa70d148eae068e5fc01a0e78d0d34d8d4fc6c863","reason":null}],"markdown":"---\ntitle: \"Article 8 — 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 8 — 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: 8\nstatus: in_force\nobject_id: eu.mifid2.legal_text.article.8\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 may withdraw the authorisation issued to an [investment firm](https://www.headlesslaw.com/definitions/mifid-ii/investment-firm) where such an investment 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 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, such as compliance with the conditions set out in Regulation (EU) 2019/2033 of the European Parliament and of the Council;\n\n<a id=\"p-d\"></a>**(d)** has seriously and systematically infringed the provisions adopted pursuant to this Directive or Regulation (EU) No 600/2014 governing the operating conditions for investment 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\nEvery withdrawal of authorisation shall be notified to ESMA.\n\n***\n\n[Title II — Authorisation and operating conditions for investment firms](../titles/ii.md) · [← Article 7](7.md) · [Article 9 →](9.md)\n"}