Member States may report to the Commission on the progress achieved in convergence with a view to a common definition of own funds. On the basis of these reports the Commission shall, if appropriate, by 1 January 2009, submit a proposal to the European Parliament and to the Council for amendment of this Section.
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New version applies from 01/01/2014 — introduced by Capital Requirements Directive.
257 provisions change.
Article 62 is deleted from 01/01/2014.