# Council Directive of 13 February 1989 on the obligations of branches established in a Member State of credit institutions and financial institutions having their head offices outside that Member State regarding the publication of annual accounting documents (89/117/EEC), Article 1: Scope

Extent: E+W+S+N.I.

1. The coordination measures prescribed by this Directive shall apply to branches established in a Member State by credit institutions and financial institutions within the meaning of Article 2 (1) (a) and (b) of Directive 86/635/EEC having their head offices outside that Member State. Where a credit institution or financial institution has its head office in a non-member country, this Directive shall apply in so far as the credit institution or financial institution has a legal form which is comparable to the legal forms specified in the above-mentioned Article 2 (1) (a) and (b).
2. The third indent of Article 1 of Directive 77/780/EEC shall apply mutatis mutandis to branches of credit institutions and financial institutions covered by this Directive.

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Source: https://www.legislation.gov.uk/eudr/1989/117/article/1 (the official version)
Page: https://openlegislation.uk/eu-directive-1989-117/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.