Expert Groups set up by Member States to examine the causes of the crisis and make suggestions to improve the regulation and supervision of the financial sector have confirmed that the current arrangements are not a sound basis for the future regulation and supervision of cross-border financial institutions across the Union.
◷
New version applies from 19/08/2014 — introduced by Single Resolution Mechanism (SRMR).
77 provisions change.
Later versions: 12/01/2016, 30/03/2019, 01/01/2020, 26/06/2021, 30/12/2024, 10/11/2025, 31/12/2025.
Recital 34 changes in this version: compare with the current text.