competent authority

Defined in Article 2, Regulation (EU) 2025/1355 of the ECB

Definitions over time (1)

1. 03/08/2025 – today applies on 10/11/2026 Article 2, Regulation (EU) 2025/1355 of the ECB Scope: Whole act

   For the purposes of this Regulation, the following definitions apply:

   ‘competent authority’ means: the Eurosystem national central bank with primary oversight responsibility identified as such pursuant to Article 3(3); or in relation to a payment system which is a SIPS that meets the criteria in Article 3(1), point (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 3(3) was taken, both the ECB and that national central bank;

Used in (40 places in 19 provisions on 10/11/2026)

Regulation (EU) 2025/1355 of the ECB (40 in 19)

Recital 7 · Recital 8 · Recital 9² · Recital 12³ · Recital 17 · Recital 23 · Article 2³ · Article 3 · Article 8 · Article 9 · Article 12 · Article 13 · Article 21² · Article 22² · Article 28³ · Article 29⁶ · Article 30³ · Article 31² · Article 32⁵