(25)Supervisory authorities should be able to take account of the effects on risk and asset management of voluntary codes of conduct and transparency complied with by the relevant institutions dealing in unregulated or alternative investment instruments.
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New version applies from 31/03/2015 — introduced by Directive 2014/51/EU.
145 provisions change.
Later versions: 12/01/2017, 09/07/2018, 13/01/2019, 30/06/2021, 19/10/2021, 09/01/2024, 17/01/2025, 30/01/2027.
Recital 25 changes in this version: compare with the current text.