(3)For the exclusive purpose of carrying out the tasks conferred on it by Articles 4(1) and (2) and 5(2) of Regulation (EU) No 1024/2013, the European Central Bank (ECB) is considered, as appropriate, the competent authority or the designated authority in the participating Member States as established by Union law. Therefore, the ECB is the addressee of the EBA Guidelines regarding credit institutions that are classified as significant in accordance with Regulation (EU) No 1024/2013.
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New version applies from 01/09/2023 — introduced by Decision (EU) 2023/1680 of the ECB.
19 provisions change.
Recital 3 is deleted from 01/09/2023.