The Member States shall require that persons who effectively direct the business of a financial holding company be of sufficiently good repute and have sufficient experience to perform those duties.
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New version applies from 09/12/2011 — introduced by Directive 2011/89/EU.
106 provisions change.
Later versions: 01/07/2013, 01/01/2014.
Article 135 changes in this version: compare with the current text.