OBS_VALUE: Commercial banks, savings banks and creditundertakings may pursue ancillary activities, provided this is a normal extension of theundertaking's financial services.  Notification must be sent to the Financial Supervisory Authority of any intention topursue the activities. If the Financial Supervisory Authority raises no objection to the proposed activitywithin one month of receiving satisfactory notification, this shall be interpreted asauthorisation for commencing the activities. 