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New version applies from 17/09/2014 — introduced by Regulation (EU) No 909/2014 (CSDR). 26 provisions change. Later versions: 27/06/2019, 08/04/2024. Recital 14a changes in this version: compare with the current text.

Recital 14a

Recital 14a

(14a)Whereas national competent authorities or supervisors should ensure that the operators of the systems establishing the interoperable systems have agreed to the extent possible on common rules on the moment of entry into the interoperable systems. National competent authorities or supervisors should ensure that the rules on the moment of entry into an interoperable system are coordinated insofar as possible and necessary in order to avoid legal uncertainty in the event of default of a participating system;

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