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New version applies from 01/07/2013 — introduced by Council Directive 2013/23/EU. 144 provisions change. Later versions: 19/12/2013, 23/05/2014, 31/03/2015, 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 3 changes in this version: compare with the current text.

Recital 3

Recital 3

(3)It is in the interests of the proper functioning of the internal market that coordinated rules be established relating to the supervision of insurance groups and, with a view to the protection of creditors, to the reorganisation and winding-up proceedings in respect of insurance undertakings.

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