Decisions not to object to intended macroprudential measures for setting an O-SII buffer shall be adopted in accordance with Article 3, paragraphs 1 and 2, where all of the following criteria are met:
((a))
those intended macroprudential measures apply the latest methodology for determining the ECB floor;
((b))
the ECB’s technical assessment of those measures does not give rise to any concerns as regards the following:
((i))
the methodology employed by the NCA or NDA;
((ii))
the economic considerations driving the setting of O-SII buffers;
((iii))
the identification of O-SIIs;
((c))
the ECB’s technical assessment does not conclude that the ECB should object to those intended macroprudential measures.