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New version applies from 20/03/2014 — introduced by Mortgage Credit Directive. 109 provisions change. Later versions: 01/01/2015, 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 52 changes in this version: compare with the current text.

Recital 52

Recital 52

(52)Increased transparency regarding the activities of institutions, and in particular regarding profits made, taxes paid and subsidies received, is essential for regaining the trust of citizens of the Union in the financial sector. Mandatory reporting in that area can therefore be seen as an important element of the corporate responsibility of institutions towards stakeholders and society.

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