(118)In order to facilitate a smooth transition from divergent prudential adjustments currently applied in Member States to the set of prudential adjustments laid down in this Regulation, competent authorities should be able during a transitional period to continue to require institutions, to a limited extent, to make prudential adjustments to own funds that derogate from this Regulation.
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New version applies from 19/07/2016 — introduced by Regulation (EU) 2016/1014.
247 provisions change.
Later versions: 01/01/2018, 01/01/2019, 26/04/2019, 27/06/2019, 25/12/2019, 27/06/2020, 28/12/2020, 29/06/2021, 30/09/2021, 10/04/2022, 08/07/2022, 01/01/2023, 28/06/2023, 09/01/2024, 09/07/2024, 01/01/2025, 29/06/2025, 01/01/2026, 26/06/2026, 01/01/2027.
Recital 118 changes in this version: compare with the current text.