negative decision

Definitions over time (1)

12/04/2023 – today applies on 10/11/2026 Article 1, Decision (EU) 2023/672 of the ECB Scope: Whole act

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

‘negative decision’ means a decision that extends the scope of a planned on-site inspection or a planned internal model investigation, unless that decision is taken pursuant to a request by the supervised entity. A decision with ancillary provisions such as conditions, obligations or limitations shall be considered a negative decision unless such ancillary provisions (a) ensure that the supervised entity fulfils the requirements of relevant Union law and have been agreed in writing or (b) merely restate one or more of the existing requirements that the supervised entity has to comply with pursuant to Union law or require information on the fulfilment of one or more of such requirements;