(8)Financial conglomerates are often managed on a business-line basis which does not fully coincide with the conglomerate's legal structures. In order to take account of this trend, the requirements for management should be further extended, in particular as regards the management of the mixed financial holding company.
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New version applies from 09/12/2011 — introduced by Directive 2011/89/EU.
51 provisions change.
Later versions: 17/07/2013, 01/01/2014, 26/06/2021, 09/01/2024, 30/01/2027.
Recital 8 changes in this version: compare with the current text.