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New version applies from 21/03/2008 — introduced by Directive 2008/24/EC. 74 provisions change. Later versions: 17/08/2009, 30/10/2009, 07/12/2009, 30/03/2010, 04/01/2011, 09/12/2011, 01/07/2013, 01/01/2014. Recital 48 changes in this version: compare with the current text.

Recital 48

Recital 48

(48)The monitoring and control of a credit institution's exposures should be an integral Part of its supervision. Therefore, excessive concentration of exposures to a single client or group of connected clients may result in an unacceptable risk of loss. Such a situation can be considered prejudicial to the solvency of a credit institution.

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