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New version applies from 17/09/2014 — introduced by Regulation (EU) No 909/2014 (CSDR). 275 provisions change. Later versions: 01/07/2016, 01/10/2018, 31/12/2019, 26/03/2020, 26/06/2021, 10/11/2021, 01/01/2022, 28/02/2022, 23/03/2023, 09/01/2024, 28/03/2024, 17/01/2025, 06/06/2026. Recital 120 changes in this version: compare with the current text.

Recital 120

Recital 120

(120)Union law on own funds requirements should fix the minimum capital requirements with which regulated markets should comply in order to be authorised, and in so doing should take into account the specific nature of the risks associated with such markets.

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