(a) has not made use of the authorisation within 12 months, expressly renounces the authorisation or has provided no services or performed no activity for the preceding six months;
(b) has obtained authorisation by making false statements or by any other irregular means;
(d) has seriously and systematically infringed any of the requirements laid down in this Regulation.
2. Where the CCP's competent authority considers that one of the circumstances referred to in paragraph 1 applies, it shall, within five working days, notify ESMA and the members of college accordingly.