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New version applies from 29/03/2006 — introduced by Commission Directive 2006/29/EC. 74 provisions change. Later versions: 20/07/2006. Recital 55 changes in this version: compare with the current text.

Recital 55

Recital 55

(55)The monitoring and control of a credit institution's exposures is an integral part of its supervision. Excessive concentration of exposures to a single client or group of connected clients may result in an unacceptable risk of loss. Such a situation may be considered prejudicial to the solvency of a credit institution.

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