384. In accordance with Article 39(2), point (e) of Directive (EU) 2019/2034, competent authorities …

In accordance with Article 39(2), point (e) of Directive (EU) 2019/2034, competent authorities may require the investment firm to make changes to the business model or strategy where:

• a. they are not supported by appropriate organisational, governance or risk control and management arrangements;
• b. they are not supported by capital and operational plans, including allocation of appropriate financial, human and technological (IT) resources; and/or
• c. there are significant concerns about the sustainability of the business model.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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