Where an undertaking which is the holder of an authorisation fails to comply with Article 15 of these Regulations, the following provisions shall apply:
(a) the Bank may (after notifying the supervisory authority of another member State in a case where the undertaking has its head office in the territory of that State) prohibit the free disposal of assets in the State by the undertaking, and the under-taking or authorised agent mentioned in Article 12 of these Regulations shall comply with any request made by the Bank in this regard;
(b) the Bank may, when it considers it necessary to do so in order to safeguard the interests of persons insured by the undertaking, give a direction to the undertaking -
(i) to suspend the taking on of new business,
(ii) to furnish deposits,
(iii) to furnish information to the Bank, or
(iv) to take such further measures as may be specified in the direction,
and the undertaking or authorised agent shall comply with the direction.