negative decision

Definitions over time (1)

26/09/2021 – today applies on 12/11/2026 Article 1, Decision (EU) 2017/935 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 authorisation as requested by the significant supervised entity or the member. 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 requirements of relevant Union law referred to in Article 4 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 referred to in Article 4 or require information on the fulfilment of one or more of such requirements;