+CHAPTER III DELEGATED ACTS AND IMPLEMENTING MEASURES
---+Article 20 Powers conferred on the Commission
---+Article 21 Committee
------+Article 21 1.
------+Article 21 4.
------+Article 21 6.
---+Article 21a Technical standards
------+Article 21a 1.
------+Article 21a 1a.
------+Article 21a 2.
------+Article 21a 3.
---+Article 21b Common Guidelines
---+Article 21c Exercise of the delegation
------+Article 21c 1.
------+Article 21c 2.
------+Article 21c 3.
------+Article 21c 4.
------+Article 21c 5.

CHAPTER III DELEGATED ACTS AND IMPLEMENTING MEASURES

1. Overview

Summary	Regulation
Article 20 Powers conferred on the Commission	Article 20 Powers conferred on the Commission The Commission shall be empowered to adopt delegated acts in accordance with Article 21c concerning the technical adaptations to be made to this Directive in the following areas: (a) a more precise formulation of the definitions laid down in Article 2 in order to take account of developments in financial markets for the application of this Directive; (b) the alignment of terminology and the framing of definitions in this Directive in accordance with subsequent Union acts on regulated entities and related matters; (c) a more precise definition of the calculation methods set out in Annex I in order to take account of developments on financial markets and prudential techniques. Those measures shall not include the subject matter of the power delegated to and conferred on the Commission with regard to the items listed in Article 21a.
Article 21 Committee
Article 21a Technical standards
Article 21b Common Guidelines	Article 21b Common Guidelines The ESA shall, through the Joint Committee, issue the common guidelines referred to in Article 3(8), Article 7(5), Article 8(5), Article 9(6), the third subparagraph of Article 11(1), Article 12b and Article 21(4) in accordance with the procedure laid down in Article 56 of Regulation (EU) No 1093/2010, of Regulation (EU) No 1094/2010 and of Regulation (EU) No 1095/2010 respectively.
Article 21c Exercise of the delegation

Requirements
Source	Requirement

Standards
Source	Requirement