sensitivity
Definitions over time (1)
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26/09/2021 – 01/10/2026 Article 1, Decision (EU) 2021/1442 of the ECB Scope: Whole act
For the purposes of this Decision, the following definitions shall apply:
‘sensitivity’ means a characteristic or factor that may have a negative impact on the ECB’s reputation and/or on the effective and consistent functioning of the Single Supervisory Mechanism, including but not limited to any of the following: (a) where the relevant supervised entity has previously been, or is currently, subject to severe supervisory measures such as early intervention measures; (b) the draft decision once adopted will set a new precedent that could bind the ECB in the future; (c) the draft decision once adopted may attract negative media or public attention; or (d) a national competent authority that has entered into close cooperation with the ECB communicates its disagreement with the proposed draft decision to the ECB;
Other definitions of this term in this act (1)
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