The Directives 2006/48/EC and 2006/49/EC contain a large number of national discretions and options which may be applied on the basis of national circumstances.
Tables of information:
1. Options and national discretions – Exercise in Latvia
2. Mutual recognition
Related information:
For an overview regarding the options and national discretions in the EU Member States see the corresponding tables on the CEBS homepage: http://www.c-ebs.org/Supervisory-Disclosure/Options-and-national-discretions.aspx"
"EU regulations:
Directive 2006/48/EC:
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2006:177:0001:0200:EN:PDF
Directive 2006/49/EC:
http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2006:177:0201:0255:EN:PDF