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New version applies from 06/01/2010 — introduced by Solvency II Directive. 62 provisions change. Later versions: 04/01/2011, 21/07/2011, 20/06/2013, 13/01/2019. Recital 20 changes in this version: compare with the current text.

Recital 20

Recital 20

(20)Institutions for occupational retirement provision are financial service providers which bear a heavy responsibility for the provision of occupational retirement benefits and therefore should meet certain minimum prudential standards with respect to their activities and conditions of operation.

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