Open on EUR-Lex ↗

Article 5 - Involvement of staff members from NCBs of participating Member States

Article 5
Involvement of staff members from NCBs of participating Member States

1. NCBs of participating Member States that are involved in the prudential supervision of a significant supervised entity or a significant supervised group under their national law but which are not NCAs may also appoint one or several members of their staff to a joint supervisory team.

2. The ECB shall be informed of such appointments and Article 4 shall apply accordingly.

3. Where staff members of NCBs of participating Member States are appointed to a joint supervisory team, references to NCAs in relation to joint supervisory teams shall be read as including a reference to those NCBs.

Official text · the act as published Open full page ↗
5 queries · page built in 8 msInventory f82bbfa3