(2)Directive (EU) 2019/2034 has introduced a new definition of competent authority empowered with the supervision of investment firms subject to the prudential framework laid down in that Directive and in Regulation (EU) 2019/2033. The definition of competent authority in Delegated Regulation (EU) 2015/63 should therefore be amended to include both competent authorities, which are respectively empowered with the supervision of credit institutions or investment firms, as applicable.