(1) Every management company wishing to establish a branch within the territory of another Member State shall be required to notify the Bank and to provide the following information and documents when effecting the notification:
(a) the Member State within the territory of which the management company plans to establish a branch;
(b) a programme of operations setting out the activities and services envisaged and the proposed organisational structure of the branch;
(c) the address in the host Member State from which documents may be obtained; and
(d) the names of those responsible for the management of the branch.
(a) Unless the Bank has reason to doubt the adequacy of the administrative structure or the financial situation of a management company, taking into account the activities envisaged, it shall within three months of receiving all the information referred to in paragraph (1), communicate that information to the competent authorities of the host Member State and shall in