(26)Directive 2006/48/EC states the principle of consolidation. It does not establish common rules for the consolidation of financial institutions which are involved in activities principally subject to market risks.
◷
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 26 changes in this version: compare with the current text.