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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU. 103 provisions change. Later versions: 03/01/2018. Recital 18 changes in this version: compare with the current text.

Recital 18

Recital 18

(18)Credit institutions that are authorised under Directive 2000/12/EC of the European Parliament and of the Council of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions 9 should not need another authorisation under this Directive in order to provide investment services or perform investment activities. When a credit institution decides to provide investment services or perform investment activities the competent authorities, before granting an authorisation, should verify that it complies with the relevant provisions of this Directive.

  1. 9 OJ L 126, 26.5.2000, p. 1. Directive as last amended by Directive 2002/87/EC. ↩
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