Chapter 9 is comprised of rules for authorisation, operation and supervision of financial institutions in the fields of banking, insurance, supplementary pensions, investment services, and securities market.
Financial institutions can operate across the EU in compliance with the principle “home country control” by establishing branches or by providing service on cross-border basis.
The purpose of the EU financial services policy is to ensure high degree of stability, security and efficiency of the financial system, and adequate protection of consumers, investors and insured persons.