Recital 1

(1)Decision (EU) 2021/1442 of the European Central Bank (ECB/2021/38) ⁴ specifies, among others, the criteria for the delegation of decision-making powers to the heads of work units of the European Central Bank (ECB) for the adoption of decisions on prior permission to revert to the use of less sophisticated approaches pursuant to Article 149 of Regulation (EU) No 575/2013 and on prior permission for the permanent partial use of the Standardised Approach pursuant to Article 150 of Regulation (EU) No 575/2013. The experience gained in the application of that Decision has shown that certain amendments are necessary, in particular for reasons of clarity, consistency and proportionality in the application of those criteria.