32025L0050#art_5Council Directive (EU) 2025/50

Article 5 — National register of certified financial intermediaries

1. Member States referred to in Article 2(2) and (4) shall establish a national register of certified financial intermediaries. 2. Member States referred to in Article 2(3) and (5) that opt to apply Chapter III shall establish a national register of certified financial intermediaries. 3. Member States establishing a national register pursuant to paragraph 1 or 2 shall designate a competent authority responsible for maintaining and updating that national register. 4. The national registers shall include the following information on certified financial intermediaries: (a) the name of the certified financial intermediary; (b) the date of registration of the certified financial intermediary; (c) the contact details and any existing website of the certified financial intermediary; (d) the EUID or, where the certified financial intermediary has no EUID, the legal entity identifier (LEI) or any legal entity registration number issued by its country of residence. 5. For the purposes of this Article and of Articles 10 to 15, Member States shall permit a certified financial intermediary to assume the obligations and responsibilities set out in Articles 10 to 15 in respect of the position of a financial intermediary that is part of the securities payment chain and is not a certified financial intermediary if the financial intermediary and the certified financial intermediary have so agreed. 6. The national registers shall be made publicly accessible on the European Certified Financial Intermediary Portal referred to in Article 6 (the Portal), via a website of the Commission, and updated at least once a month. 7. Member States shall remain responsible for any decisions regarding the registration or rejection of a financial intermediary or regarding the removal of a financial intermediary from their national registers, and for measures imposed on financial intermediaries. 8. Any rights and obligations stemming from decisions as referred to in paragraph 7 shall be applicable from the notification by the corresponding Member State to the financial intermediary concerned. 9. The Commission shall not be held liable under any circumstances for the content on the Portal or for the failure to exchange information between Member States regarding the registration or rejection of a financial intermediary or regarding the removal of a financial intermediary from their national registers or for any measures imposed by Member States on financial intermediaries.

Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.