sensitivity

Defined in Article 1, Decision (EU) 2023/672 of the ECB

Definitions over time (1)

1. 12/04/2023 – today applies on 11/11/2026 Article 1, Decision (EU) 2023/672 of the ECB Scope: Whole act

   For the purposes of this Decision, the following definitions shall apply:

   ‘sensitivity’ means a characteristic or factor that may have a negative impact on the ECB’s reputation and/or on the effective and consistent functioning of the Single Supervisory Mechanism, including but not limited to any of the following: (a) where the relevant supervised entity has previously been, or is currently, subject to severe supervisory measures such as early intervention measures; (b) the draft decision once adopted will set a new precedent that could bind the ECB in the future; (c) the draft decision once adopted may attract negative media or public attention; or (d) a national competent authority that has entered into close cooperation with the ECB communicates its disagreement with the proposed draft instructions to the ECB.

Used in (3 places in 3 provisions on 11/11/2026)

Decision (EU) 2023/672 of the ECB (3 in 3)

Recital 9 · Article 1 · Article 3