In order to fulfil its objectives, the Authority should have legal personality as well as administrative and financial autonomy.
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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
76 provisions change.
Later versions: 19/08/2014, 12/01/2016, 30/03/2019, 01/01/2020, 26/06/2021, 30/12/2024, 10/11/2025, 31/12/2025.
Recital 14 changes in this version: compare with the current text.