(16)Cross-border risk includes all risks caused by economic imbalances or financial failures in all or parts of the Union that have the potential to have significant negative consequences for the transactions between economic operators of two or more Member States, for the functioning of the internal market or for the public finances of the Union or any of its Member States.
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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU.
71 provisions change.
Later versions: 01/01/2020, 12/08/2022, 30/12/2024, 01/07/2025, 10/11/2025.
Recital 16 changes in this version: compare with the current text.