(12)Matters subject to technical standards should be genuinely technical, where their development requires the expertise of supervisory experts. The technical standards adopted as delegated acts should further develop, specify and determine the conditions for consistent harmonisation of the rules included in basic instruments adopted by the European Parliament and the Council, supplementing or amending certain non-essential elements of the legislative act. The technical standards adopted as implementing acts should set conditions for the uniform application of legally binding Union acts. Technical standards should not involve policy choices.
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New version applies from 13/01/2019 — introduced by Capital Requirements Directive, Directive 2014/65/EU (MIFID II), Market Abuse Regulation (MAR), Directive (EU) 2016/2341.
50 provisions change.
Later versions: 01/08/2019.
Recital 12 changes in this version: compare with the current text.