Legal provisions of COM(2015)648 - Amendment of Regulation (EU) No 575/2013 as regards exemptions for commodity dealers

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier COM(2015)648 - Amendment of Regulation (EU) No 575/2013 as regards exemptions for commodity dealers.
document COM(2015)648 EN
date June  8, 2016

Contents

Article 1

Regulation (EU) No 575/2013 is amended as follows:

(1)in Article 493(1), the second sentence is replaced by the following:

‘This exemption is available until 31 December 2020 or the date of entry into force of any amendments pursuant to paragraph 2 of this Article, whichever is the earlier.’;

(2)in Article 498(1), the second subparagraph is replaced by the following:

‘This exemption shall apply until 31 December 2020 or the date of entry into force of any amendments pursuant to paragraphs 2 and 3, whichever is the earlier.’.

Article 2

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.