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New version applies from 01/01/2014 — introduced by Capital Requirements Directive. 257 provisions change. Recital 31 is deleted from 01/01/2014.

Recital 31

Recital 31

(31)In order to avoid distortions of competition, public credit institutions should not include in their own funds guarantees granted them by the Member States or local authorities.

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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