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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 60 changes in this version: compare with the current text.

Recital 60

Recital 60

(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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