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Recital 2

Recital 2

(2)In accordance with Articles 3 to 6 of Regulation (EU) No 468/2014 of the European Central Bank 2 (hereinafter, the ‘SSM Framework Regulation’), the ECB is in charge of the establishment and composition of joint supervisory teams (JSTs) composed of staff members from the ECB and from the national competent authorities (NCAs). The JST coordinator, assisted by NCA sub-coordinator(s), ensures the coordination of the work within the JST.

  1. 2 Regulation (EU) No 468/2014 of the European Central Bank of 16 April 2014 establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17) ( OJ L 141, 14.5.2014, p.1 ). ↩
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