+Article 19 Notification by lenders in exceptional circumstances
---+Article 19 1.
---+Article 19 2.

Article 19 Notification by lenders in exceptional circumstances

1. Overview

,
Article 19 1.

Subject to Article 22, a competent authority may take the measure referred to in paragraph 2 of this Article where:

(a) 

there are adverse events or developments which constitute a serious threat to financial stability or to market confidence in the Member State concerned or in one or more other Member States; and

(b) 

the measure is necessary to address the threat and will not have a detrimental effect on the efficiency of financial markets which is disproportionate to its benefits.
Article 19 2.
A competent authority may require natural or legal persons engaged in the lending of a specific financial instrument or class of financial instruments to notify any significant change in the fees requested for such lending.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
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