(17)Persons who provide the investment services and/or perform investment activities covered by this Directive should be subject to authorisation by their home Member States in order to protect investors and the stability of the financial system.
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New version applies from 28/04/2006 — introduced by Directive 2006/31/EC.
79 provisions change.
Later versions: 21/09/2007, 20/03/2008, 04/01/2011, 03/01/2018.
Recital 17 changes in this version: compare with the current text.