(2)In its communication of 11 May 1999 to the European Parliament and to the Council on financial services: implementing the framework for financial markets: action plan, the Commission undertook, after consultation with market experts and national authorities, to work on further proposals for legislative action on collateral urging further progress in the field of collateral, beyond Directive 98/26/EC.
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New version applies from 30/06/2009 — introduced by Directive 2009/44/EC.
33 provisions change.
Later versions: 02/07/2014, 12/08/2022.
Recital 2 changes in this version: compare with the current text.