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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 2 December 2020 - onwards
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Article 2 Scope

1. This Directive applies to investment firms authorised and supervised under Directive 2014/65/EU.

2. By way of derogation from paragraph 1, Titles IV and V of this Directive do not apply to investment firms referred to in Article 1(2) and (5) of Regulation (EU) 2019/2033, which shall be supervised for compliance with prudential requirements under Titles VII and VIII of Directive 2013/36/EU in accordance with the second subparagraph of Article 1(2) and third subparagraph of Article 1(5) of Regulation (EU) 2019/2033.

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