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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU. 137 provisions change. Later versions: 01/01/2020, 01/07/2025, 10/11/2025. Recital 33 changes in this version: compare with the current text.

Recital 33

Recital 33

(33)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.

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