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

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

Article 125

Amendment to Regulation (EU) No 1093/2010

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 ( *7 ), 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 ( *8 ), 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.’.

1. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards