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Recital 4

Recital 4

(4)The Commission should be empowered to adopt the measures necessary for the implementation of Directive 2002/87/EC in order to clarify the technical aspects of some of the definitions provided for in that Directive, notably to take into account developments in financial markets and prudential techniques and to ensure the uniform application of that Directive within the Community. Since those measures are of general scope and are designed to amend non-essential elements of Directive 2002/87/EC, inter alia , by supplementing it with new non-essential elements, they must be adopted in accordance with the regulatory procedure with scrutiny provided for in Article 5a of Decision 1999/468/EC.

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