Recital 16

(16) EBA should be mandated to develop draft regulatory technical standards, draft implementing technical standards and guidelines to ensure an appropriate framing of the use of the additional supervisory powers. Those draft regulatory technical standards and draft implementing technical standards should, in particular, specify the information to be received by the competent authorities, the elements to be assessed, and the cooperation required where more than one competent authority is involved. Those various elements are crucial to ensuring that a sufficiently harmonised supervisory methodology allows provisions on the additional powers to be implemented efficiently, with the minimum possible additional administrative burden.

← Recital 15 · All articles · Recital 17 →

Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.