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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD). 104 provisions change. Later versions: 25/06/2015, 16/09/2015, 12/01/2016, 03/01/2017, 01/04/2017, 30/06/2017, 01/01/2019, 17/06/2019, 18/12/2019, 01/01/2020, 18/06/2020, 11/02/2021, 13/02/2021, 28/06/2021, 12/08/2022, 24/12/2024, 17/01/2025. Recital 97 changes in this version: compare with the current text.

Recital 97

Recital 97

(97)In view of the rules regarding interoperable systems, it was deemed appropriate to amend Directive 98/26/EC to protect the rights of a system operator that provides collateral security to a receiving system operator in the event of insolvency proceedings against that receiving system operator.

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