(54)Competent authorities have responsibility to be satisfied that credit institutions have good organisation and adequate own funds, having regard to the risks to which the credit institutions are or might be exposed.
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New version applies from 04/01/2011 — introduced by Commission Directive 2009/83/EC, Directive 2010/76/EU (CRD), Directive 2010/78/EU.
141 provisions change.
Later versions: 09/12/2011, 01/07/2013, 01/01/2014.
Recital 54 changes in this version: compare with the current text.