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In this act Article 12 of 15

Article 12 — Review of the procedures by competent authorities

Financial servicesLevel 2Implementing DirectiveMARIn forceOfficial source

Member States shall ensure that their competent authorities review their procedures for receiving reports of infringements and their follow-up regularly, and at least once every two years. In reviewing such procedures competent authorities shall take account of their experience and that of other competent authorities and adapt their procedures accordingly and in line with market and technological developments.

CHAPTER III — FINAL PROVISIONS