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Recital 1

Recital 1

(1)Decision (EU) 2018/546 of the European Central Bank (ECB/2018/10) 4 specifies the criteria for the delegation of decision-making powers to heads of work units of the European Central Bank (ECB) for the adoption of own funds decisions. The experience gained in the application of that Decision has shown that certain clarifications and technical amendments are necessary, in particular for reasons of consistency and certainty in the application of those criteria.

  1. 4 Decision (EU) 2018/546 of the European Central Bank of 15 March 2018 on delegation of the power to adopt own funds decisions (ECB/2018/10) ( OJ L 90, 6.4.2018, p. 105 ). ↩
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