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Recital 3

Recital 3

(3)In order to provide for a single supervisory mechanism, Council Regulation (EU) No 1024/2013 4 confers specific tasks on the ECB concerning policies relating to the prudential supervision of credit institutions in Member States whose currency is the euro and allows other Member States to establish close cooperation with the ECB.

  1. 4 Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions (See page 63 of this Official Journal). ↩
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