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Recital 17

Recital 17

(17)To align the timeline of the reporting requirement relating to the composition of the trading book to the timeline of application of the market risk requirements laid down in Part Three, Title IV, Chapters 1a and 1b, of Regulation (EU) No 575/2013, it is necessary to lay down a transitional provision to allow for a later first reference date of that reporting requirement.

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