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SSM Regulation In force since 15 October 2013

Regulation (EU) No 1024/2013 conferring specific tasks on the European Central Bank concerning prudential supervision of credit institutions
32013R1024 · official text on EUR-Lex

Articles

Chapter I Subject matter and definitions

• Article 1 — Subject matter and scope
• Article 2 — Definitions

Chapter II Cooperation and tasks

• Article 3 — Cooperation
• Article 4 — Tasks conferred on the ECB
• Article 5 — Macroprudential tasks and tools
• Article 6 — Cooperation within the SSM
• Article 7 — Close cooperation with the competent authorities of participating Member States whose currency is not the euro
• Article 8 — International relations

Chapter III Powers of the ECB

• Article 9 — Supervisory and investigatory powers

Section 1 Investigatory powers

• Article 10 — Request for information
• Article 11 — General investigations
• Article 12 — On-site inspections
• Article 13 — Authorisation by a judicial authority

Section 2 Specific supervisory powers

• Article 14 — Authorisation
• Article 15 — Assessment of acquisitions of qualifying holdings
• Article 16 — Supervisory powers
• Article 17 — Powers of host authorities and cooperation on supervision on a consolidated basis
• Article 18 — Administrative penalties

Chapter IV Organisational principles

• Article 19 — Independence
• Article 20 — Accountability and reporting
• Article 21 — National parliaments
• Article 22 — Due process for adopting supervisory decisions
• Article 23 — Reporting of violations
• Article 24 — Administrative Board of Review
• Article 25 — Separation from monetary policy function
• Article 26 — Supervisory board
• Article 27 — Professional secrecy and exchange of information
• Article 28 — Resources
• Article 29 — Budget and annual accounts
• Article 30 — Supervisory fees
• Article 31 — Staff and staff exchange

Chapter V General and final provisions

• Article 32 — Review
• Article 33 — Transitional provisions
• Article 34 — Entry into force