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New version applies from 20/07/2006 — introduced by Directive 2006/48/EC (CRD). 144 provisions change. Recital 55 is deleted from 20/07/2006.

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.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
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