(16)Whereas insolvency proceedings should not have a retroactive effect on the rights and obligations of participants in a system;
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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 16 changes in this version: compare with the current text.