in force 2019-12-30 MODIFIED+2,147 −144§
Amended by Regulation (EU) 2019/2176 32019R2176
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates added to the text: 2013-06-26, 2014-07-15
Point (b) of paragraph 1 now allows a Member State whose national central bank is not the designated authority under Directive 2013/36/EU or Regulation (EU) No 575/2013 to instead nominate a high-level representative of that designated authority, and point (c) changes the Commission's representative from "a Member of the Commission" to "a Representative of the Commission".
Paragraph 2 replaces the single national supervisory authority representative with a representative chosen among the national supervisory authority, a macroprudential authority, or the national central bank depending on which body holds voting membership under point (b) of paragraph 1, and it adds two new non-voting members: the Chair of the Supervisory Board of the ECB and the Chair of the Single Resolution Board.
Paragraph 3, which previously referred to rotation among national supervisory authorities' representatives under paragraph 2(a), now refers to rotation among the high-level representatives referred to in point (a) of paragraph 2 and to agreement among national authorities rather than national supervisory authorities.
Cited: Art. 6, v2 · Art. 6, v1
text before / after
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before (32010R1092)
Article 6 General Board 1. Members of the General Board with voting rights shall comprise: (a) the President and the Vice-President of the ECB; (b) the Governors of the national central banks; (c) a Member of the Commission; (d) the Chairperson of the European Supervisory Authority (European Banking Authority); (e) the Chairperson of the European Supervisory Authority (European Insurance and Occupational Pensions Authority); (f) the Chairperson of the European Supervisory Authority (European Securities and Markets Authority); (g) the Chair and the two Vice-Chairs of the Advisory Scientific Committee; (h) the Chair of the Advisory Technical Committee. 2. Members of the General Board without voting rights shall comprise: (a) one high-level representative per Member State of the competent national supervisory authorities, in accordance with paragraph 3; (b) the President of the Economic and Financial Committee (EFC). 3. With regard to the representation of the national supervisory authorities under paragraph 2(a), the respective high-level representatives shall rotate depending on the item discussed, unless the national supervisory authorities of a particular Member State have agreed on a common representative. 4. The General Board shall establish rules of procedure for the ESRB.
after (02010R1092-20191230)
Article 6 General Board 1. Members of the General Board with voting rights shall comprise: (a) the President and the Vice-President of the ECB; (b) the Governors of the national central banks. Member States in which the national central bank is not a designated authority pursuant to Directive 2013/36/EU of the European Parliament and of the Council Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (OJ L 176, 27.6.2013, p. 338). or Regulation (EU) No 575/2013 of the European Parliament and of the Council Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1). and in which that designated authority has the leading role in financial stability in its area of competence may alternatively nominate a high-level representative of a designated authority pursuant to Directive 2013/36/EU or Regulation (EU) No 575/2013; (c) a Representative of the Commission; (d) the Chairperson of the European Supervisory Authority (European Banking Authority); (e) the Chairperson of the European Supervisory Authority (European Insurance and Occupational Pensions Authority); (f) the Chairperson of the European Supervisory Authority (European Securities and Markets Authority); (g) the Chair and the two Vice-Chairs of the Advisory Scientific Committee; (h) the Chair of the Advisory Technical Committee. 2. Members of the General Board without voting rights shall comprise: (a) subject to the decision of each Member State in accordance with point (b) of paragraph 1 and in accordance with paragraph 3, a high-level representative per Member State of the national supervisory authorities, of a national authority entrusted with the conduct of macroprudential policy, or of the national central bank, unless the Governor of the national central bank is not the member of the General Board with voting rights referred to in point (b) of paragraph 1 in which case a high-level representative of the national central bank shall be the member of the General Board without voting rights; (b) the President of the Economic and Financial Committee (EFC); (c) the Chair of the Supervisory Board of the ECB; (d) the Chair of the Single Resolution Board established by Regulation (EU) No 806/2014 of the European Parliament and of the Council Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (OJ L 225, 30.7.2014, p. 1).. 3. The respective high-level representatives referred to in point (a) of paragraph 2 shall rotate depending on the item discussed, unless the national authorities of a particular Member State have agreed on a common representative. 4. The General Board shall establish rules of procedure for the ESRB.