(7)In order to ensure consistency and comparability of information, where competent authorities require institutions to report information on own funds by using International Financial Reporting Standards (IFRS), as applicable under Regulation (EC) No 1606/2002 of the European Parliament and of the Council 3, and extends this reporting requirement also to the reporting of financial information, institutions should report financial information in a manner similar to that of institutions preparing their consolidated accounts using IFRS, as applicable under Regulation (EC) No 1606/2002.
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New version applies from 25/03/2016 — introduced by Commission Implementing Regulation (EU) 2016/313.
24 provisions change.
Later versions: 20/04/2016, 10/09/2016, 01/12/2016, 01/01/2018, 01/03/2018, 01/12/2018, 01/06/2020, 28/06/2021.
Recital 7 changes in this version: compare with the current text.
Recital 7
- 3 Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards (OJ L 243, 11.9.2002, p. 1). ↩