Recommendation on the harmonisation of options and discretions available in Union law for LSI

Official name

RECOMMENDATION OF THE EUROPEAN CENTRAL BANK of 4 April 2017 on common specifications for the exercise of some options and discretions available in Union law by national competent authorities in relation to less significant institutions

Type

Recommendation

Level 3 / Other

Initiator

ECB

Submitted

03.11.2016

Doc. code

EZB/2017/10

Summary

Status

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Current version

Final version

04.04.2017

Next step

Entry into force

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Application date

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Scope

Relevant for

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Level 1

Single Supervisory Mechanism (SSM) (binding, Main version, EU)

Level 2

–

Level 3 / Other

Recommendation on common specifications for the exercise of some options and discretions available in Union law (non-binding, EU)

Updated ECB Recommendation on options and discretions (binding, EU)