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New version applies from 01/01/2014 — introduced by Capital Requirements Directive. 109 provisions change. Recital 18 is deleted from 01/01/2014.

Recital 18

Comparing 07/12/2009 → 04/01/2011: 0 added, 0 removed, 0 changed Close comparison

With a view to reducing the administrative burden for institutions with negligible trading-book business in both absolute and relative terms, such institutions should be able to apply Directive 2006/48/EC, rather than the requirements laid down in Annexes I and II to this Directive.

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