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Recital 2

Recital 2

(2)Those conditions should be laid down in a harmonised manner so as not to have a disproportionately negative effect on the smooth transition of the national legal orders from the regime established by the transposition of Directive 2006/48/EC of the European Parliament and of the Council 2 and especially of its Article 154(6), to the regime established by Regulation (EU) No 575/2013.

  1. 2 Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions ( OJ L 177, 30.6.2006, p. 1 ). ↩
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