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

Recital 6

Recital 6

(6)On 17 June 2010, the European Council agreed that ‘Member States should introduce systems of levies and taxes on financial institutions to ensure fair burden-sharing and to set incentives to contain systemic risk. Such levies or taxes should be part of a credible resolution framework. Further work is urgently required on their main features and issues of level playing field and cumulative impacts of various regulatory measures should be carefully assessed’.

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