(37)On this point, on 26 June 2004 the Basel Committee on Banking Supervision adopted a framework agreement on the international convergence of capital measurement and capital requirements. The provisions in this Directive on the minimum capital requirements of credit institutions, and the minimum capital provisions in Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions 9, form an equivalent to the provisions of the Basel framework agreement.
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New version applies from 30/10/2009 — introduced by Directive 2009/110/EC.
83 provisions change.
Later versions: 07/12/2009, 30/03/2010, 04/01/2011, 09/12/2011, 01/07/2013, 01/01/2014.
Recital 37 changes in this version: compare with the current text.
Recital 37
- 9 See page 201 of this Official Journal ↩