(25)Operational risk is a significant risk faced by institutions and requires coverage by own funds. It is essential to take account of the diversity of institutions in the EU by providing alternative approaches.
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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 25 changes in this version: compare with the current text.