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---
title: "Article 8 — Withdrawal of authorisations"
type: regulation
legal_status: in_force
source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606"
source_retrieved: 2026-09-28
shortTitle: "Article 8 — Withdrawal of authorisations"
instrument_type: level1_directive
authority: Commission
binding: true
binding_character: binding
mica_level2: false
legal_basis: "Directive 2014/65/EU"
instrument: mifid2
celex: "32014L0065"
regulation: MiFID II
regulation-full: "Directive 2014/65/EU"
article: 8
status: in_force
object_id: eu.mifid2.legal_text.article.8
text_version: "Consolidated version of 6 June 2026"
source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014L0065-20260606"
check_status: matched
verified: true
last_checked: 2026-10-26
---

*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)*

The 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:

<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;

<a id="p-b"></a>**(b)** has obtained the authorisation by making false statements or by any other irregular means;

<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;

<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;

<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.

Every withdrawal of authorisation shall be notified to ESMA.

***

[Title II — Authorisation and operating conditions for investment firms](../titles/ii.md) · [← Article 7](7.md) · [Article 9 →](9.md)
