Delegated decisions on mergers and divisions
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.
Entry into force
This Decision shall enter into force on the fifth day following that of its publication in the Official Journal of the European Union .
