Recital 9

(9)The rules laid down in this Decision and in any other instruments on particular categories of transmission of supervisory information should be applied by the staff members responsible for approval of such transmission, as determined by the Executive Board. Under Article 11.6 of the Statute of the European System of Central Banks and of the European Central Bank the Executive Board has responsibility for the current business of the ECB. In this connection, Article 10.1 and 10.2 of Decision ECB/2004/2 of the European Central Bank ³ provide that all ECB work units fall under the managing direction of the Executive Board. Pursuant to Article 13m.1 of Decision ECB/2004/2, the Executive Board’s competence in respect of the internal structure and the staff of the ECB encompasses supervisory tasks.