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New version applies from 20/03/2008 — introduced by Directive 2008/23/EC. 89 provisions change. Later versions: 28/04/2009, 07/12/2009, 04/01/2011, 01/01/2014. Recital 11 changes in this version: compare with the current text.

Recital 11

Recital 11

(11)Since investment firms face in respect of their trading book business the same risks as credit institutions, it is appropriate for the pertinent provisions of Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions 6 to apply equally to investment firms.

  1. 6 See page 1 of this official Journal ↩
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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