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S.L. 370.15 · Investment Services Act (S.L. 370.15)

S.L. 370.15 ст. 13Supervisory examination programme.

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The competent authority shall adopt an annual supervisory examination programme for the investment firms it supervises.

Such programme shall take into account the supervisory review and evaluation process referred to in regulation 11, and shall contain the elements set out in Schedule II.