negative decision
Defined in Article 1, Decision (EU) 2026/564 of the ECB
Definitions over time (1)
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17/03/2026 – today applies on 12/11/2026 Article 1, Decision (EU) 2026/564 of the ECB Scope: Whole act
For the purposes of this Decision, the following definitions shall apply:
‘negative decision’ means a decision that does not or does not fully grant the approval as requested by the significant supervised entity. A decision with ancillary provisions such as conditions or obligations shall be considered as a negative decision unless such ancillary provisions (a) ensure that the supervised entity fulfils the relevant legal requirements set out in the applicable provisions of Union law, as transposed into national law, and have been agreed in writing, or (b) merely restate one or more of the existing requirements that the institution has to comply with pursuant to provisions of Union law, as transposed into national law, or require information on the fulfilment of one or more of such requirements;