Source: OJ L, 2025/306, 31.3.2025

Artikel 5 Mitteilung der Entscheidung

Summary What does Article 5 of the ITS on CASP authorisation say?

This brief article addresses the final step in the authorisation process, building directly on the procedural framework established in earlier articles.

It covers how competent authorities must communicate their decision to grant or refuse authorisation to an applicant, referencing the timeline set out in Article 63(9) of Regulation (EU) 2023/1114.

Important points:

Competent authorities are required to notify applicants of their authorisation decision, whether granting or refusing it.
Competent authorities must deliver this notification in paper form, by electronic means, or both.
This article connects to Article 63(9) of Regulation (EU) 2023/1114, which governs the applicable time limit for reaching that decision.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

Die zuständigen Behörden teilen dem Antragsteller ihre Entscheidung über die Erteilung oder Verweigerung der Zulassung gemäß Artikel 63 Absatz 9 der Verordnung (EU) 2023/1114 in Papierform und/oder auf elektronischem Weg mit.

Table of contents

Springlex and this text is meant purely as a documentation tool and has no legal effect. No liability is assumed for its content. The authentic version of this act is the one published in the Official Journal of the European Union.