(26)In areas not covered by regulatory or implementing technical standards, the Authority should have the power to issue guidelines and recommendations on the application of Union law. In order to ensure transparency and to strengthen compliance by national supervisory authorities with those guidelines and recommendations, it should be possible for the Authority to publish the reasons for supervisory authorities’ non-compliance with those guidelines and recommendations.
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New version applies from 21/07/2011 — introduced by Alternative Investment Fund Managers Directive (AIFMD).
139 provisions change.
Later versions: 23/05/2014, 01/01/2020, 12/08/2022, 30/12/2024, 01/07/2025, 10/11/2025.
Recital 26 changes in this version: compare with the current text.