question archive What is the single license principle? a
What is the single license principle? a
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What is the single license principle?
a. Possibility to provide banking services by other financial institutions
b. the possibility of conducting banking activity in any EU Member State on the basis of the authorization of the home supervisory authority
c. Possibility to provide banking services anywhere without the need for a permit
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Question
What is the single license principle?
Answer :
c. the possibility of conducting banking activity in any EU Member State on the basis of the authorization of the home supervisory authority
