(60)It is necessary to enhance convergence of powers at the disposal of competent authorities so as to pave the way towards an equivalent intensity of enforcement across the integrated financial market. A common minimum set of powers coupled with adequate resources should guarantee supervisory effectiveness.
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New version applies from 20/03/2008 — introduced by Directive 2008/10/EC.
91 provisions change.
Later versions: 04/01/2011, 03/01/2018.
Recital 60 changes in this version: compare with the current text.