# Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019 on the prudential requirements of investment firms and amending Regulations (EU) No 1093/2010, (EU) No 575/2013, (EU) No 600/2014 and (EU) No 806/2014 (Text with EEA relevance), Article 38: Obligation to notify

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

1. Where the limits referred to in Article 37 are exceeded, an investment firm shall notify the competent authorities of the amount of the excess, the name of the individual client concerned and, where applicable, the name of the group of connected clients concerned, without delay.
2. Competent authorities may grant the investment firm a limited period to comply with the limit referred to in Article 37.

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Source: https://www.legislation.gov.uk/eur/2019/2033/article/38 (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-2033/article-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.