lexiara

(i)

the first subparagraph is amended as follows: the introductory part is replaced by the following: ‘5. The objective of the Authority shall be to protect the public interest by contributing to the short-, medium- and long-term stability and effectiveness of the financial system, for the Union economy, its citizens and businesses. The Authority shall, within its respective competences, contribute to:’; points (e) and (f) are replaced by the following: ‘(e) ensuring that the taking of credit and other risks are appropriately regulated and supervised; (f) enhancing customer and consumer protection;’; the following points are added: ‘(g) enhancing supervisory convergence across the internal market; (h) preventing the use of the financial system for the purposes of money laundering and terrorist financing.’;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.