(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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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
48 provisions change.
Later versions: 21/07/2011, 20/06/2013, 13/01/2019.
Recital 20 changes in this version: compare with the current text.