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Recital 5

Recital 5

(5)Feedback on the performance of NCA sub-coordinators was initially provided during a trial period in accordance with the principles laid down in Decision (EU) 2016/3 of the European Central Bank (ECB/2015/36) 3 . As that trial period has concluded, that Decision should be repealed in the interests of legal certainty.

  1. 3 Decision (EU) 2016/3 of the European Central Bank of 18 November 2015 laying down the principles for providing feedback on the performance of national competent authorities' sub-coordinators in the joint supervisory teams of the Single Supervisory Mechanism (ECB/2015/36) ( OJ L 1, 5.1.2016, p. 4 ). ↩
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