+90. Where national law empowers competent authorities to set the thresholds under point (a) of …

90. Where national law empowers competent authorities to set the thresholds under point (a) of …

Where national law empowers competent authorities to set the thresholds under point (a) of Article 32(4) of Directive (EU) 2019/2034 for individual investment firms, competent authorities should, when lowering or increasing the thresholds, take into account the investment firms' nature, scope and complexity of its activities, its internal organisation or, if applicable, the characteristics of the group to which it belongs, and also take into account the proportionality criteria set out within these guidelines. The same applies with regard to reductions of the thresholds set in points (c), (d) and (e) Article 32(5) and Article 32(6).

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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