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New version applies from 20/03/2014 — introduced by Mortgage Credit Directive. 71 provisions change. Later versions: 02/07/2014, 19/08/2014, 12/01/2016, 30/03/2019, 01/01/2020, 26/06/2021, 30/12/2024, 10/11/2025, 31/12/2025. Recital 20 changes in this version: compare with the current text.

Recital 20

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It is desirable that the Authority promote a consistent approach in the area of deposit guarantees to ensure a level playing field and the equitable treatment of depositors across the Union. As deposit guarantee schemes are subject to oversight in their Member States rather than regulatory supervision, the Authority should be able to exercise its powers under this Regulation in relation to the deposit guarantee scheme itself and its operator.

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