lexiara

Article 125 — Amendment to Regulation (EU) No 1093/2010

BRRD
DIRECTIVE 2014/59/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council (Text with EEA relevance) · European Union

Regulation (EU) No 1093/2010 is amended as follows: (1) In Article 4, point (2) is replaced by the following: ‘(2) ‘competent authority’ means: (i) competent authority as defined in Article 4(1)(40) of Regulation (EU) No 575/2013, and within the meaning of Directives 2007/64/EC and 2009/110/EC; (ii) with regard to Directives 2002/65/EC and 2005/60/EC, the authorities competent for ensuring compliance with the requirements of those Directives by credit and financial institutions; (iii) with regard to Directive 2014/49/EU of the European Parliament and of the Council (*11), a designated authority as defined in Article 2(1)(18) of that Directive; (iv) with regard to Directive 2014/59/EU of the European Parliament and of the Council (*12), a resolution authority as defined in Article 2(1)(18) of that Directive. (2) In Article 40(6), the following subparagraph is added: ‘For the purpose of acting within the scope of Directive 2014/59/EU, the member of the Board of Supervisors referred to in point (b) of paragraph 1 may, where appropriate, be accompanied by a representative from the resolution authority in each Member State, who shall be non-voting.’.

· All articles ·

Source: EUR-Lex CELLAR · retrieved 2026-09-04