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New version applies from 17/08/2009 — introduced by Commission Directive 2009/83/EC. 82 provisions change. Later versions: 30/10/2009, 07/12/2009, 30/03/2010, 04/01/2011, 09/12/2011, 01/07/2013, 01/01/2014. Recital 56 changes in this version: compare with the current text.

Recital 56

Recital 56

(56)For the same reason, and to ensure that Community credit institutions which are active in several Member States are not disproportionately burdened as a result of the continued responsibilities of individual Member State competent authorities for authorisation and supervision, it is essential to significantly enhance the cooperation between competent authorities. In this context, the role of the consolidating supervisor should be strengthened. The Committee of European Banking Supervisors should support and enhance such cooperation.

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