# Commission Regulation (EU) No 389/2013 of 2 May 2013 establishing a Union Registry pursuant to Directive 2003/87/EC of the European Parliament and of the Council, Decisions No 280/2004/EC and No 406/2009/EC of the European Parliament and of the Council and repealing Commission Regulations (EU) No 920/2010 and No 1193/2011 (Text with EEA relevance), Article 22: Refusal to open an account

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

1. The national administrator must verify whether the information and documents provided for account opening are complete, up-to-date, accurate and true.
2. The national administrator may refuse to open an account:
(a) if the information and documents provided are incomplete, out-of-date or otherwise inaccurate or false;
(b) if the prospective account holder, or, if it is a legal person, any of the directors of the prospective account holder, is under investigation or has been convicted in the preceding five years for fraud involving allowances or Kyoto units, money laundering, terrorist financing or other serious crimes for which the account may be an instrument;
(c) if the national administrator has reasonable grounds to believe that the accounts may be used for fraud involving ... Kyoto units, money laundering, terrorist financing or other serious crimes;
(d) if the national administrator is not satisfied that the proposed account holder is a fit and proper person to hold such an account.
3. If the national administrator refuses to open an account, the person requesting the account opening may appeal against the decision in accordance with Article 110c.

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Source: https://www.legislation.gov.uk/eur/2013/389/article/22 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-389/article-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.