(31)The Authority should be able to require national supervisory authorities to take specific action to remedy an emergency situation. The action undertaken by the Authority in this respect should be without prejudice to the Commission’s powers under Article 258 TFEU to initiate infringement proceedings against the Member State of that supervisory authority for its failure to take such action, and without prejudice to the Commission’s right in such circumstances to seek interim measures in accordance with the rules of procedure of the Court of Justice of the European Union. Furthermore, it should be without prejudice to any liability that that Member State might incur in accordance with the case law of the Court of Justice of the European Union if its supervisory authorities fail to take the action required by the Authority.
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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU.
71 provisions change.
Later versions: 01/01/2020, 12/08/2022, 30/12/2024, 01/07/2025, 10/11/2025.
Recital 31 changes in this version: compare with the current text.