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New version applies from 28/04/2009. 45 provisions change. Later versions: 07/12/2009, 04/01/2011, 01/01/2014. Recital 17 changes in this version: compare with the current text.

Recital 17

Recital 17

(17)It is necessary to provide for the concept of a ‘trading book’ comprising positions in securities and other financial instruments which are held for trading purposes and which are subject mainly to market risks and exposures relating to certain financial services provided to customers.

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