+Article 48 8.

Article 48 8.

The competent authorities may prohibit or restrict the activities of an IORP registered or authorised in their territories in particular if:

(a) 

the IORP fails to protect adequately the interests of scheme members and beneficiaries;

(b) 

the IORP no longer fulfils the conditions of operation;

(c) 

the IORP fails seriously in its obligations under the rules to which it is subject;

(d) 

in the case of cross-border activity, the IORP does not respect the requirements of social and labour law of the host Member State relevant to the field of occupational pension schemes.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards