It is appropriate to effect harmonisation which is necessary and sufficient to secure the mutual recognition of authorisation and of prudential supervision systems, making possible the granting of a single licence recognised throughout the Union and the application of the principle of home Member State prudential supervision.
Text applicable on 1 Jan 2015Consolidated version of 1 Jan 2015Earlier versionUpcoming changefrom 13 Jan 2018Unofficial text · authentic on EUR-Lex (opens in a new tab)
CRD Recital (15) — as applicable on 1 Jan 2015 (version of 1 Jan 2015)
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