decision taken in exercise of supervisory powers granted pursuant to Union law
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 10/11/2026 Article 1, Decision (EU) 2026/564 of the ECB Scope: Whole act
For the purposes of this Decision, the following definitions shall apply:
‘decision taken in exercise of supervisory powers granted pursuant to Union law’ means: (a) a supervisory decision; (b) the approval of a positive assessment where a supervisory decision is not required under Union law; (c) an instruction addressed, pursuant to Article 7 of Regulation (EU) No 1024/2013, to the national competent authorities with which the ECB has established close cooperation.