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European Union -
Financial Conglomerates Directive
Article 32
Transposition
Member States shall bring into force the laws, regulations and
administrative provisions necessary to comply with this
Directive before 11 August 2004. They shall forthwith inform
the Commission thereof.
Member States shall provide that the provisions referred to in the
first subparagraph shall first apply to the supervision of
accounts for the financial year beginning on
1 January 2005
or during that calendar year.
When Member States adopt these measures, they shall contain a
reference to this Directive or shall be accompanied by such
reference on the occasion of their official publication.
The methods of making such reference shall be laid down by Member
States.
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