Decision (EU) 2026/565 of the European Central Bank of 3 March 2026 nominating heads of work units to adopt delegated decisions regarding mergers, divisions and acquisitions of material holdings (ECB/2026/6)
Decision (EU) 2026/565 of the European Central Bank of 3 March 2026 nominating heads of work units to adopt delegated decisions regarding mergers, divisions and acquisitions of material holdings (ECB/2026/6)
Decision (EU) 2026/565 · Decision · 3 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 ↗
1. Delegated decisions pursuant to Article 4 (in respect of mergers) and Article 5 (in respect of divisions) of Decision (EU) 2026/564 (ECB/2026/5) that involve significant supervised entities as defined in Article 2, point (16), of Regulation (EU) No 468/2014 of the European Central Bank (ECB/2014/17) ( 6 ) shall be adopted by the Director-General or the Deputy Director-General of the Directorate-General SSM Governance and Operations – or if they are unavailable, the Head of the Authorisation Division – and one of the following heads of work units:
(a)
the Director-General or a Deputy Director-General of the Directorate-General Systemic and International Banks, if supervision of the relevant supervised entity or group is carried out by the Directorate-General Systemic and International Banks;
(b)
the Director-General or a Deputy Director-General of the Directorate-General Universal and Diversified Institutions, if supervision of the relevant supervised entity or group is carried out by the Directorate-General Universal and Diversified Institutions;
(c)
the Director-General or a Deputy Director-General of the Directorate-General Specialised Institutions and Less Significant Institutions, if supervision of the relevant supervised entity or group is carried out by the Directorate-General Specialised Institutions and Less Significant Institutions.
2. If a delegated decision pursuant to Article 4 (in respect of mergers) and Article 5 (in respect of divisions) of Decision (EU) 2026/564 (ECB/2026/5) involves more than one significant supervised entity, the relevant supervised entity shall be the supervised entity resulting from the proposed operation in case of a merger, or the entity being divided in case of a division.
Delegated decisions on acquisitions of material holdings
1. Delegated decisions pursuant to Article 6 of Decision (EU) 2026/564 (ECB/2026/5) that are not connected to a qualifying holding in a credit institution as referred to in Article 22(1) of Directive 2013/36/EU and that involve significant supervised entities as defined in Article 2, point (16), of Regulation (EU) No 468/2014 shall be adopted by one of the following heads of work units:
(a)
the Director-General or a Deputy Director-General of the Directorate-General Systemic and International Banks, if supervision of the relevant supervised entity or group is carried out by the Directorate-General Systemic and International Banks;
(b)
the Director-General or a Deputy Director-General of the Directorate-General Universal and Diversified Institutions, if supervision of the relevant supervised entity or group is carried out by the Directorate-General Universal and Diversified Institutions;
(c)
the Director-General or a Deputy Director-General of the Directorate-General Specialised Institutions and Less Significant Institutions, if supervision of the relevant supervised entity or group is carried out by the Directorate-General Specialised Institutions and Less Significant Institutions.
2. Delegated decisions pursuant to Article 6 of Decision (EU) 2026/564 (ECB/2026/5) that are connected to a qualifying holding in a credit institution as referred to in Article 22(1) of Directive 2013/36/EU and that involve significant supervised entities as defined in Article 2, point (16), of Regulation (EU) No 468/2014 shall, in addition to the heads of work units referred to in paragraph 1, be adopted by the Director-General or the Deputy Director-General of the Directorate-General SSM Governance and Operations, or if they are unavailable, the Head of the Authorisation Division.
3. If a delegated decision pursuant to Article 6 of Decision (EU) 2026/564 (ECB/2026/5) involves more than one significant supervised entity, the relevant supervised entity shall be each of the supervised entities acquiring the material holding.
