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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 93 changes in this version: compare with the current text.

Recital 93

Recital 93

(93)Given the increasing cross-border nature of insurance business, divergences between Member States’ regimes on special purpose vehicles, which are subject to the provisions of this Directive, should be reduced to the greatest extent possible, taking account of their supervisory structures.

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