(1)It is essential for the establishment of the internal market that all internal frontiers in the Community be dismantled so as to enable the free movement of goods, persons, services and capital. The proper operation of the single market in payment services is therefore vital. At present, however, the lack of harmonisation in this area hinders the operation of that market.
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New version applies from 07/12/2009 — introduced by Directive 2009/111/EC (CRD).
64 provisions change.
Recital 1 changes in this version: compare with the current text.
Recital 1
Recital 1