1.Without prejudice, as regards own funds, to the proposal that the Commission is to submit pursuant to Article 62, the technical adjustments in the following areas shall be adopted by means of delegated acts in accordance with Article 151a, and subject to the conditions of Articles 151b and 151c:
clarification of the definitions to ensure uniform application of this Directive;
clarification of the definitions in order to take account, in the application of this Directive, of developments on financial markets;
the alignment of terminology on, and the framing of definitions in accordance with, subsequent acts on credit institutions and related matters;
expansion of the content of the list referred to in Articles 23 and 24 and set out in Annex I or adaptation of the terminology used in that list to take account of developments on financial markets;
the areas in which the competent authorities shall exchange information as listed in Article 42;
technical adjustments in Articles 56 to 67 and in Article 74 as a result of developments in accounting standards or requirements which take account of Union legislation or with regard to the convergence of supervisory practices;
amendment of the list of exposure classes in Articles 79 and 86 in order to take account of developments on financial markets;
the amount specified in Article 79(2)(c), Article 86(4)(a), Annex VII, Part 1, point 5 and Annex VII, Part 2, point 15, to take into account the effects of inflation;
the list and classification of off-balance sheet items in Annexes II and IV;
adjustment of the provisions in Annexes III and V to XII in order to take account of developments on financial markets (in particular new financial products) or in accounting standards or requirements which take account of Union legislation, or with regard to the convergence of supervisory practices.
1a. The following measures shall be adopted in accordance with the regulatory procedure referred to in Article 151(2a):
technical adjustments to the list in Article 2;
alteration of the amount of initial capital prescribed in Article 9 to take account of developments in the economic and monetary field.
The Commission may adopt the following measures:
specification of the size of sudden and unexpected changes in the interest rates referred to in Article 124(5);
a temporary reduction in the minimum level of own funds laid down in Article 75 and/or the risk weights laid down in Title V, Chapter 2, Section 3 in order to take account of specific circumstances;
clarification of exemptions provided for in Article 113;
specification of the key aspects on which aggregate statistical data are to be disclosed under Article 144(1)(d); or
specification of the format, structure, contents list and annual publication date of the disclosures provided for in Article 144;
adjustments of the criteria set out in Article 19a(1), in order to take account of future developments and to ensure the uniform application of this Directive.
The measures referred to in points (a), (b), (c) and (f) of the first subparagraph shall be adopted by means of delegated acts in accordance with Article 151a, and subject to the conditions of Articles 151b and 151c. The measures referred to in points (d) and (e) of the first subparagraph shall be adopted in accordance with the regulatory procedure referred to in Article 151(2a).
3.EBA shall develop draft implementing technical standards to ensure uniform conditions of application of this Directive with respect to the conditions of application of:
points 15 to 17 of Annex V;
point 23(l) of Annex V as regards the criteria to determine the appropriate ratios between fixed and the variable component of the total remuneration and of point 23(o)(ii) of Annex V as regards specifying the classes of instruments that satisfy the conditions laid down in that point.
Part 2 of Annex VI as regards the quantitative factors referred to in point 12, the qualitative factors referred to in point 13 and the benchmark referred to in point 14;
EBA shall submit those draft implementing technical standards to the Commission by 1 January 2014.
Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with the procedure laid down in Article 15 of Regulation (EU) No 1093/2010.