competent authority

Defined in Article 2, Regulation (EU) No 795/2014 of the ECB

Definitions over time (2)

1. 25/05/2021 – today applies on 10/11/2026 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act

   “competent authority” means: the Eurosystem national central bank with primary oversight responsibility identified as such pursuant to Article 1(2); or in relation to a payment system which is a SIPS that meets the criteria in Article 1(3)(iii) ‘competent authority’ means either: the ECB; or where a Eurosystem national central bank was entrusted with primary oversight responsibility for a period of five or more years immediately before the decision referred to in Article 1(2) was taken, both the ECB and that national central bank;

2. 06/12/2017 – 25/05/2021 Article 2, Regulation (EU) No 795/2014 of the ECB Scope: Whole act

   ‘competent authority’ means the Eurosystem central bank with primary oversight responsibility identified as such pursuant to Article 1(2);

Used in (25 places in 12 provisions on 10/11/2026)

Regulation (EU) No 795/2014 of the ECB (25 in 12)

Recital 5 · Recital 18 · Article 1³ · Article 2³ · Article 3 · Article 4 · Article 7 · Article 8 · Article 21⁶ · Article 21a · Article 21b · Article 22⁵