Regulation (EU) No 468/2014 Article 91

Draft decisions to be prepared by NCAs for the ECB’s consideration

Article 91

1.   In accordance with Article 6(3) and Article 6(7)(b) of the SSM Regulation, the ECB may request an NCA to prepare a draft decision regarding the exercise of the tasks referred to in Article 4 of the SSM Regulation for its consideration. The request shall specify the time limit for sending the draft decision to the ECB. 2.   An NCA may also, on its own initiative, submit a draft decision in respect of a significant supervised entity to the ECB for its consideration through the joint supervisory team.