emendrix

Art. 3

European Banking Authority Regulation · 32010R1093 · every event for this act · on EUR-Lex

Accountability of the Authorities

2 changes recorded across 2 events, newest first.

in force 2020-01-01 MODIFIED+2,019 −0

Amended by Regulation (EU) 2019/2175 32019R2175

applies from: unchanged

The provision was restructured from a single unnumbered paragraph into nine numbered paragraphs, with the original text retained as paragraph 1.

Eight new paragraphs were added covering cooperation with the European Parliament during investigations under Article 226 TFEU, an annual activity report and its transmission and publication, hearings and written reporting by the Chairperson, inclusion of ad hoc requested information, timelines for replying to questions from Parliament or Council, confidential closed-door discussions with committee representatives, and information to Parliament about representation in international fora.

Cited: Art. 3, v1 · Art. 3, v2

text before / after

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before (02010R1093-20190330)

Article 3
Accountability of the Authorities
The Authorities referred to in points (a) to (d) of Article 2(2) shall be accountable to the European Parliament and to the Council. The European Central Bank shall be accountable to the European Parliament and to the Council with regard to the exercise of the supervisory tasks conferred on it by Regulation (EU) No 1024/2013 in accordance with that Regulation.

after (02010R1093-20200101)

Article 3
Accountability of the Authorities
1. The Authorities referred to in points (a) to (d) of Article 2(2) shall be accountable to the European Parliament and to the Council. The European Central Bank shall be accountable to the European Parliament and to the Council with regard to the exercise of the supervisory tasks conferred on it by Regulation (EU) No 1024/2013 in accordance with that Regulation.
2. In accordance with Article 226 TFEU, the Authority shall fully cooperate with the European Parliament during any investigation carried out under that Article.
3. The Board of Supervisors shall adopt an annual report on the activities of the Authority, including on the performance of the Chairperson’s duties, and shall, by 15 June each year, transmit that report to the European Parliament, to the Council, to the Commission, to the Court of Auditors and to the European Economic and Social Committee. The report shall be made public.
4. At the request of the European Parliament, the Chairperson shall participate in a hearing before the European Parliament on the performance of the Authority. A hearing shall take place at least annually. The Chairperson shall make a statement before the European Parliament and answer any questions from its members, whenever so requested.
5. The Chairperson shall report in writing on the activities of the Authority to the European Parliament when requested and at least 15 days before making the statement referred to in paragraph 4.
6. In addition to the information referred to in Articles 11 to 18 and Articles 20 and 33, the report shall also include any relevant information requested by the European Parliament on an ad hoc basis.
7. The Authority shall reply orally or in writing to any question addressed to it by the European Parliament or by the Council within five weeks of its receipt.
8. Upon request, the Chairperson shall hold confidential oral discussions behind closed doors with the Chair, Vice-Chairs and Coordinators of the competent committee of the European Parliament. All participants shall respect the requirements of professional secrecy.
9. Without prejudice to its confidentiality obligations stemming from participation in international fora, the Authority shall inform the European Parliament upon request about its contribution to a united, common, consistent and effective representation of the Union’s interests in such international fora.

in force 2013-10-30 MODIFIED

Amended by Regulation (EU) No 1022/2013 32013R1022

applies from: unchanged

The phrase identifying the Authorities was reworded from "Article 2(2)(a) to (d)" to "points (a) to (d) of Article 2(2)", and "the Council" became "to the Council" in the first sentence.

A new sentence was added stating that the European Central Bank is accountable to the European Parliament and to the Council with regard to the exercise of the supervisory tasks conferred on it by Regulation (EU) No 1024/2013, in accordance with that Regulation.

Cited: Art. 3, v1 · Art. 3, v2

text before / after, on the event page →