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Decision (EU) 2017/1258 of the European Central Bank of 5 July 2017 on the delegation of decisions on the transmission of confidential statistical information to the Single Resolution Board (ECB/2017/22)

Decision (EU) 2017/1258 of the European Central Bank of 5 July 2017 on the delegation of decisions on the transmission of confidential statistical information to the Single Resolution Board (ECB/2017/22)

Decision (EU) 2017/1258 · Decision · 4 articles

Data as of 2026-07-04 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Definitions

Article 1

For the purposes of this Decision, the following definitions shall apply: (1) ‘confidential statistical information’ means confidential statistical information as defined in point (12) of Article 1 of Regulation (EC) No 2533/98; (2) ‘delegated decision’ means a decision taken on the basis of a delegation of powers by the Governing Council pursuant to this decision.

Transmission of confidential statistical information to the Single Resolution Board

Article 2

1.   The Governing Council hereby delegates the decisions on the transmission of confidential statistical information to the Single Resolution Board to the Executive Board. 2.   A decision on the transmission of confidential statistical information to the Single Resolution Board shall only be adopted by means of a delegated decision, if the criteria for the adoption of delegated decisions, as set out in Article 3, are fulfilled.

Criteria for the adoption of delegated decisions on the transmission of confidential statistical information to the Single Resolution Board

Article 3

1.   A decision on the transmission of confidential statistical information to the Single Resolution Board shall only be taken by means of a delegated decision where this information is, pursuant to Article 8(4a) of Regulation (EC) No 2533/98, necessary for the exercise of the tasks of the Single Resolution Board. The confidential statistical information to be transmitted to the Single Resolution Board must be adequate, relevant and not excessive in relation to those tasks. 2.   A decision on the transmission of confidential statistical information to the Single Resolution Board shall only be taken by means of a delegated decision (a) where the information is necessary for the Single Resolution Board to run a Public Interest Test in order to assess whether and how resolution measures would impact the counterparties from a financial stability perspective and to assess financial interconnectedness with other financial institutions and counterparties; (b) where the transmission of this information would not be prejudicial to the performance of the tasks of the ESCB.

Entry into force

Article 4

This Decision shall enter into force on the day of its publication in the Official Journal of the European Union .

Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.

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