The absence of harmonised Union rules is also likely to result in competitive distortions on the internal market, given that the costs for institutions to comply with the subordination requirement and the costs borne by investors when buying debt instruments issued by institutions could differ considerably across the Union.
In éagmais na rialacha Aontais comhchuibhithe sin, is dóigh go dtiocfaidh saobhadh iomaíochta sa mhargadh inmheánach chun cinn, freisin, ar an ábhar go bhféadfadh éagsúlacht mhór a bheith ann idir na costais a chuirfí ar na hinstitúidí i dtaca leis an gceanglas fo-ordúcháin a chomhlíonadh agus na costais a bheadh ar infheisteoirí agus iad ag ceannach ionstraimí fiachais arna n-eisiúint ag institiúidí ar fud an Aontais.