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New version applies from 20/06/2013 — introduced by Directive 2013/14/EU. 97 provisions change. Later versions: 17/09/2014, 01/01/2019, 07/01/2020, 26/06/2021, 02/08/2021, 01/01/2023, 09/01/2024, 17/01/2025, 16/04/2026. Recital 10 changes in this version: compare with the current text.

Recital 10

Recital 10

(10)It is necessary, for the protection of investors, to guarantee the internal overview of every management company in particular by means of a two-person management system and by adequate internal control mechanisms.

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