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New version applies from 21/07/2011 — introduced by Alternative Investment Fund Managers Directive (AIFMD). 45 provisions change. Later versions: 20/06/2013, 13/01/2019. Recital 39 changes in this version: compare with the current text.

Recital 39

Recital 39

(39)It is important to make provision for cooperation between the competent authorities of the Member States for supervisory purposes and between those authorities and the Commission for other purposes. For the purposes of carrying out their duties and of contributing to the consistent and timely implementation of this Directive, competent authorities should provide each other with the information necessary to apply the provisions of the Directive. The Commission has indicated its intention to set up a committee of supervisors in order to encourage cooperation, coordination and exchanges of views between national competent authorities, and to promote the consistent implementation of this Directive.

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