(3)The Commission Communication of 11 May 1999 entitled "Implementing the framework for financial markets: action plan" identifies a series of actions that are needed in order to complete the single market for financial services. The Lisbon European Council of April 2000 called for the implementation of that action plan by 2005. The action plan stresses the need to draw up a Directive against market manipulation.
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New version applies from 21/03/2008 — introduced by Directive 2008/26/EC.
55 provisions change.
Later versions: 04/01/2011, 03/07/2016.
Recital 3 changes in this version: compare with the current text.