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New version applies from 13/01/2018 — introduced by Payment Services Directive (PSD2). 43 provisions change. Recital 9 changes in this version: compare with the current text.

Recital 9

Comparing 12/06/2005 → 25/12/2007: 0 added, 0 removed, 0 changed Close comparison

The achievement of the objectives of the Financial Services Action Plan requires a higher level of consumer protection in certain areas. This implies a greater convergence, in particular, in non harmonised collective investment funds, rules of conduct applicable to investment services and consumer credits. Pending the achievement of the above convergence, a high level of consumer protection should be maintained.

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