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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU. 55 provisions change. Later versions: 20/07/2017, 21/07/2018, 21/07/2019. Recital 7 changes in this version: compare with the current text.

Recital 7

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The Stockholm European Council of 23 and 24 March 2001 endorsed the final report of the Committee of Wise Men and the proposed four-level approach to make the regulatory process for Community securities legislation more efficient and transparent.

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