prudential authority

Definitions over time (1)

07/03/2024 – today applies on 12/11/2026 Article 1, Commission Delegated Regulation (EU) 2024/595 Scope: Whole act

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

‘prudential authority’ means the authority entrusted with the duty to ensure compliance of a financial sector operator with the prudential framework set out in any of the legislative acts referred to in Article 1(2) of Regulation (EU) No 1093/2010, Article 1(2) of Regulation (EU) No 1094/2010 and Article 1(2) of Regulation (EU) No 1095/2010 and in any national laws transposing the Directives referred to in those provisions, including the European Central Bank with regard to matters relating to the tasks conferred on it by Council Regulation (EU) No 1024/2013 (^{8});