De kompetente myndigheder i hjemlandet afslår at meddele tilladelse , hvis de hindres i effektiv varetagelse af deres tilsynsopgaver på grund af : a ) love eller administrative bestemmelser i et tredjeland , der gælder for en eller flere fysiske eller juridiske personer , som FAIF har snævre forbindelser med , jf . artikel 4 , stk .
The competent authorities of the home Member State shall refuse authorisation where the effective exercise of their supervisory functions is prevented by any of the following : ( a ) the laws , regulations or administrative provisions of a third country governing one or more natural or legal persons with which the AIFM has close links as defined in Article 4 ( 31 ) of Directive 2004/39 / EC ;