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New version applies from 07/07/2015 — introduced by Commission Delegated Regulation (EU) 2015/923. 47 provisions change. Later versions: 23/12/2020, 09/05/2023. Recital 14 changes in this version: compare with the current text.

Recital 14

Recital 14

(14)It is necessary to balance the need between ensuring prudentially appropriate calculations of exposures of institutions to indirect holdings arising from index holdings, with the need to ensure that does not become overly burdensome for them.

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