ongoing non-compliance
Definitions over time (1)
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06/12/2017 – 25/05/2021 Article 1, Decision (EU) 2017/2098 of the ECB Scope: Whole act
‘ongoing non-compliance’ means any infringement of Regulation (EU) No 795/2014 (ECB/2014/28) that has been confirmed by an assessment but has not been rectified by a SIPS operator in accordance with an action plan agreed with the competent authority within a time limit specified by that authority;
Other definitions of this term in this act (1)
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