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New version applies from 03/01/2018 — introduced by Directive 2014/65/EU (MIFID II). 152 provisions change. Recital 58 is deleted from 03/01/2018.

Recital 58

Recital 58

(58)Member States should be able to designate different competent authorities to enforce the wide-ranging obligations laid down in this Directive. Such authorities should be of a public nature guaranteeing their independence from economic actors and avoiding conflicts of interest. In accordance with national law, Member States should ensure appropriate financing of the competent authority. The designation of public authorities should not exclude delegation under the responsibility of the competent authority.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
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