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New version applies from 21/07/2011 — introduced by Alternative Investment Fund Managers Directive (AIFMD). 98 provisions change. Later versions: 20/06/2013, 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 11 changes in this version: compare with the current text.

Recital 11

Recital 11

(11)By virtue of the principle of home Member State supervision, management companies authorised in their home Member States should be permitted to provide the services for which they have received authorisation throughout the Community by establishing branches or under the freedom to provide services.

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