(45)To ensure that institutions which are active in several Member States are not disproportionately burdened as a result of the continued responsibilities of individual Member State competent authorities as regards authorisation and supervision, it is essential to significantly enhance the cooperation between competent authorities. EBA should facilitate and enhance such cooperation.
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New version applies from 01/01/2015 — introduced by Bank Recovery and Resolution Directive (BRRD).
137 provisions change.
Later versions: 13/01/2018, 09/07/2018, 29/12/2020, 28/06/2021, 01/01/2022, 09/01/2024, 29/07/2024, 30/12/2024, 17/01/2025, 11/01/2026, 11/07/2026.
Recital 45 changes in this version: compare with the current text.