(41)Liability for drawing up and publishing annual financial statements and consolidated financial statements, as well as management reports and consolidated management reports, is based on national law. Appropriate liability rules, as laid down by each Member State under its national law, should be applicable to members of the administrative, management and supervisory bodies of an undertaking. Member States should be allowed to determine the extent of the liability.
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New version applies from 05/12/2014 — introduced by Directive 2014/95/EU (NFRD).
113 provisions change.
Later versions: 11/12/2014, 21/12/2021, 05/01/2023, 09/01/2024, 28/05/2024, 18/03/2026, 30/01/2027.
Recital 41 changes in this version: compare with the current text.