What changed, Commission Implementing Regulation (EU) 2016/100 of 16 October 2015 laying down implementing technical standar…

+ ## CHAPTER I — SUBJECT MATTER AND DEFINITIONS
− ### art_1
+ ### Article 1 — Subject matter
− Article 1
+ This Regulation specifies the joint decision process referred to in Article 20(1), point (a), of Regulation (EU) No 575/2013 with regard to the applications for the permissions referred to in Article 143(1), Article 151(9), Article 283, and Article 325az, or Article 363 in the version in force on 8 …
− This Regulation specifies the joint decision process referred to in point (a) of Article 20(1) of Regulation (EU) No 575/2013 with regard to the applications for the permissions referred to in Article 143(1), Article 151(4) and (9), Article 283, Article 312(2), and Article 363 of that Regulation wit…
+ ### Article 2 — Definitions
− ### art_2
− Article 2
− 
+ (1) ‘relevant competent authority’ means a competent authority, other than the consolidating supervisor, which is responsible for the supervision of subsidiaries, which participate in the submission of the joint application, of an EU parent institution or an EU parent financial holding company or an…
− | (1) | ‘relevant competent authority’ means a competent authority, other than the consolidating supervisor, which is responsible for the supervision of subsidiaries, which participate in the submission of the joint application, of an EU parent institution or an EU parent financial holding company o…
− | --- | --- |
+ (2) ‘applicant’ means an EU parent institution and its subsidiaries or the subsidiaries of an EU parent financial holding company or of an EU parent mixed financial holding company, which submit an application;
− | (2) | ‘applicant’ means an EU parent institution and its subsidiaries or the subsidiaries of an EU parent financial holding company or of an EU parent mixed financial holding company, which submit an application; |
− | --- | --- |
+ (3) ‘assessment report’ means a report containing the assessment of an application in accordance with Article 6.
− | (3) | ‘assessment report’ means a report containing the assessment of an application in accordance with Article 6. |
− | --- | --- |
+ ## CHAPTER II — JOINT DECISION PROCESS
− ### art_3
+ ### Article 3 — Involvement of third country supervisory authorities in the assessment process
− Article 3
+ **1.** The consolidating supervisor may decide to involve third country supervisory authorities which participate in the supervisory college pursuant to Article 3(3) of Commission Delegated Regulation (EU) 2025/791 (1) in the assessment of applications submitted pursuant to Article 20(1), point (a),…
− 1. The consolidating supervisor may decide to involve third country supervisory authorities which participate in the supervisory college pursuant to Article 3(3) of Commission Delegated Regulation (EU) 2016/98 (3) in the assessment of applications submitted pursuant to Article 20(1)(a) of Regulation…
+ **2.** Where the consolidating supervisor decides to involve supervisory authorities of third countries, the consolidating supervisor shall not provide the assessment reports prepared by any relevant competent authority to the third country supervisory authorities without the express consent of that…
− | (a) | providing the consolidating supervisor with their contribution to the assessment report prepared by the consolidating supervisor; |
− | --- | --- |
+ **3.** The consolidating supervisor shall keep the relevant competent authorities fully informed on the scope, level and nature of involvement of the third country supervisory authorities in the assessment process and the extent to which the assessment report prepared by the consolidating supervisor…
− | (b) | adding as annexes the contributions referred to in point (a) to the assessment report prepared by the consolidating supervisor. |
− | --- | --- |
+ ### Article 4 — Assessment of the completeness of the application
− 2. Where the consolidating supervisor decides to involve supervisory authorities of third countries, the consolidating supervisor shall not provide the assessment reports prepared by any relevant competent authority to the third country supervisory authorities without the express consent of that rel…
+ **1.** Upon receipt of an application for a permission as referred to in Article 143(1), Article 151(9), Article 283, and Article 325az, or Article 363 in the version in force on 8 July 2024, of Regulation (EU) No 575/2013, the consolidating supervisor shall forward the application to the relevant c…
− 3. The consolidating supervisor shall keep the relevant competent authorities fully informed on the scope, level and nature of involvement of the third country supervisory authorities in the assessment process and the extent to which the assessment report prepared by the consolidating supervisor has…
+ **2.** The consolidating supervisor and the relevant competent authorities shall assess the completeness of the application within 6 weeks of receipt of the application by the consolidating supervisor.
− ### art_4
+ **3.** An application shall be deemed complete if it contains all information needed by the competent authorities to assess the application in accordance with the requirements set out in Articles 143, 144, 151, 283, and 325az, or Article 363 in the version in force on 8 July 2024, of Regulation (EU)…
− Article 4
+ **4.** The relevant competent authorities shall provide their assessment of the completeness of the application to the consolidating supervisor.
− 1. Upon receipt of an application for a permission referred to in Article 143(1), Article 151(4) and (9), Article 283, Article 312(2) or Article 363 of Regulation (EU) No 575/2013 submitted by the applicant, the consolidating supervisor shall forward the application to the relevant competent authori…
+ **5.** The assessment referred to in paragraph 4 shall indicate any elements of the application that are assessed as incomplete or missing.
− 2. The consolidating supervisor and the relevant competent authorities shall assess the completeness of the application within 6 weeks of receipt of the application by the consolidating supervisor.
+ **6.** Where a relevant competent authority does not provide its assessment of the completeness of the application to the consolidating supervisor within the period specified in paragraph 2, the relevant competent authority shall be deemed to consider the application complete.
− 3. An application shall be deemed complete if it contains all information needed by the competent authorities in order to assess the application in accordance with the requirements set out in Regulation (EU) No 575/2013 and in particular in Articles 143, 144, 151, 283, 312 and 363 of that Regulation…
+ **7.** Where the consolidating supervisor or any of the relevant competent authorities consider that the information provided in the application is incomplete, the consolidating supervisor shall inform the applicant of the aspects of the application which are considered to be incomplete or missing a…
− 4. The relevant competent authorities shall provide their assessment of the completeness of the application to the consolidating supervisor.
+ **8.** Where an applicant provides the missing information referred to in paragraph 7, the consolidating supervisor shall forward that information to the relevant competent authorities without undue delay, and in any case within 10 days from the receipt of that information.
− 5. The assessment referred to in paragraph 4 shall indicate any elements of the application that are assessed as incomplete or missing.
+ **9.** The consolidating supervisor and the relevant competent authorities shall assess the completeness of the application taking into account the additional information within 6 weeks of receipt by the consolidating supervisor of that information in accordance with the procedure set out in paragra…
− 6. Where a relevant competent authority does not provide its assessment of the completeness of the application to the consolidating supervisor within the period specified in paragraph 2, the relevant competent authority shall be deemed to consider the application complete.
+ **10.** Where a complete application has previously been assessed as incomplete, the 6-month period referred to in point (a) of Article 20(2) of Regulation (EU) No 575/2013 shall be deemed to start on the date of receipt by the consolidating supervisor of the information that completed the applicati…
− 7. Where the consolidating supervisor or any of the relevant competent authorities consider that the information provided in the application is incomplete, the consolidating supervisor shall inform the applicant of the aspects of the application which are considered to be incomplete or missing and s…
+ **11.** Upon an application being assessed as complete, the consolidating supervisor shall inform the applicant and the relevant competent authorities of that fact together with the date of receipt of the complete application or the date of receipt of the information that completed the application.
− 8. Where an applicant provides the missing information referred to in paragraph 7, the consolidating supervisor shall forward that information to the relevant competent authorities without undue delay, and in any case within 10 days from the receipt of that information.
+ **12.** In any case, the consolidating supervisor or any of the relevant competent authorities may require the applicant to provide additional information for the purposes of evaluating the application and reaching a joint decision on the application.
− 9. The consolidating supervisor and the relevant competent authorities shall assess the completeness of the application taking into account the additional information within 6 weeks of receipt by the consolidating supervisor of that information in accordance with the procedure set out in paragraphs …
+ ### Article 5 — Planning of the steps of the joint decision process
− 10. Where a complete application has previously been assessed as incomplete, the 6-month period referred to in point (a) of Article 20(2) of Regulation (EU) No 575/2013 shall be deemed to start on the date of receipt by the consolidating supervisor of the information that completed the application.
+ **1.** Prior to the start of the joint decision process, the consolidating supervisor and the relevant competent authorities shall agree on a timetable of steps to be followed in the joint decision process and on the division of work. In case of disagreement, the consolidating supervisor shall set t…
− 11. Upon an application being assessed as complete, the consolidating supervisor shall inform the applicant and the relevant competent authorities of that fact together with the date of receipt of the complete application or the date of receipt of the information that completed the application.
+ **2.** The timetable shall include the date of receipt of the complete application pursuant to Article 4(9) and at least the following steps:(a) agreement on the timetable and the division of work between the consolidating supervisor and the relevant competent authorities;(b) agreement on the scope …
− 12. In any case, the consolidating supervisor or any of the relevant competent authorities may require the applicant to provide additional information for the purposes of evaluating the application and reaching a joint decision on the application.
+ **3.** The timetable shall fulfil all of the following requirements:(a) it shall be proportionate to the scope of the application;(b) it shall reflect the scope and complexity of each task performed by the relevant competent authorities and the consolidating supervisor, as well as the complexity of …
− ### art_5
+ **4.** The division of work shall reflect the following:(a) the scope and complexity of the application;(b) the materiality of the scope of the application for each institution;(c) the type and location of the exposures or risks to which the application relates;(d) the extent to which exposures or r…
− Article 5
− 1. Prior to the start of the joint decision process, the consolidating supervisor and the relevant competent authorities shall agree on a timetable of steps to be followed in the joint decision process and on the division of work. In case of disagreement, the consolidating supervisor shall set the t…
− 
− 2. The timetable shall include the date of receipt of the complete application pursuant to Article 4(9) and at least the following steps:
− 
− | (a) | agreement on the timetable and the division of work between the consolidating supervisor and the relevant competent authorities; |
− | --- | --- |
− 
− | (b) | agreement on the scope of involvement of third country supervisory authorities pursuant to Article 3; |
− | --- | --- |
− 
− | (c) | dialogue between the consolidating supervisor, the relevant competent authorities and the applicant on the details of the application, where this is deemed as necessary by the consolidating supervisor and the relevant competent authorities; |
− | --- | --- |
− 
− | (d) | submission of the assessment reports from the relevant competent authorities to the consolidating supervisor pursuant to Article 6(2); |
− | --- | --- |
− 
− | (e) | dialogue on the assessment reports between the consolidating supervisor and the relevant competent authorities pursuant to Article 7(2); |
− | --- | --- |
− 
− | (f) | preparation and submission of the draft joint decision from the consolidating supervisor to the relevant competent authorities pursuant paragraphs 3 and 4 of Article 7; |
− | --- | --- |
− 
− | (g) | consultation on the draft joint decision with the applicant, where required by the legislation of a Member State; |
− | --- | --- |
− 
− | (h) | dialogue between the consolidating supervisor and the relevant competent authorities on the draft joint decision pursuant to Article 7(4); |
− | --- | --- |
− 
− | (i) | submission of the draft joint decision from the consolidating supervisor to the relevant competent authorities for agreement and reaching of the joint decision pursuant to Article 8; |
− | --- | --- |
− 
− | (j) | communication of the joint decision to the applicant pursuant to Article 9. |
− | --- | --- |
− 
− 3. The timetable shall fulfil all of the following requirements:
− 
− | (a) | it shall be proportionate to the scope of the application; |
− | --- | --- |
− 
− | (b) | it shall reflect the scope and complexity of each task performed by the relevant competent authorities and the consolidating supervisor, as well as the complexity of the institutions of the group to which the joint decision is to apply; |
− | --- | --- |
− 
− | (c) | it shall take into account, so far as possible, the other activities being undertaken by the consolidating supervisor and the relevant competent authorities under the college supervisory examination programme referred to in Article 16 of Delegated Regulation (EU) 2016/98. |
− | --- | --- |
− 
− 4. The division of work shall reflect the following:
− 
− | (a) | the scope and complexity of the application; |
− | --- | --- |
− 
− | (b) | the materiality of the scope of the application for each institution; |
− | --- | --- |
− 
− | (c) | the type and location of the exposures or risks to which the application relates; |
− | --- | --- |
− 
− | (d) | the extent to which exposures or risks assumed in a particular jurisdiction contribute to the materiality of changes or extensions of the models when assessed at the consolidated level; |
− | --- | --- |
− 
− | (e) | the ability of the consolidating supervisor and each relevant competent authority to execute the necessary tasks to perform an assessment and give a fully reasoned opinion. |
− | --- | --- |
− 
+ **5.** The consolidating supervisor shall communicate to the applicant an indicative date for the dialogue referred to in point (c) of paragraph 2 and an estimated date for the communication referred to in point (i) of paragraph 2.
− 5. The consolidating supervisor shall communicate to the applicant an indicative date for the dialogue referred to in point (c) of paragraph 2 and an estimated date for the communication referred to in point (i) of paragraph 2.
+ **6.** Where it becomes necessary to update the timetable or the division of work, the consolidating supervisor shall do so in consultation with the relevant competent authorities.
− 6. Where it becomes necessary to update the timetable or the division of work, the consolidating supervisor shall do so in consultation with the relevant competent authorities.
+ ### Article 6 — Preparation of the assessment reports
− ### art_6
+ **1.** The relevant competent authorities and the consolidating supervisor shall assess the application based on the division of work established in accordance with Article 5(1). Those assessments shall take a form of assessment reports.
− Article 6
− 
− 1. The relevant competent authorities and the consolidating supervisor shall assess the application based on the division of work established in accordance with Article 5(1). Those assessments shall take a form of assessment reports.
+ **2.** Each relevant competent authority shall provide its assessment report to the consolidating supervisor by the date specified in the timetable pursuant to point (d) of Article 5(2).
− 2. Each relevant competent authority shall provide its assessment report to the consolidating supervisor by the date specified in the timetable pursuant to point (d) of Article 5(2).
+ **3.** Each assessment report shall include at least all of the following:▼M1(a) an opinion on whether or not the permission requested should be granted, based on the requirements set out in Article 143(1), Article 151(9), Article 283, and Article 325az, or Article 363 in the version in force on 8 J…
− 3. Each assessment report shall include at least all of the following:
+ ### Article 7 — Preparation of the draft joint decision
− | (a) | an opinion on whether or not the permission requested should be granted, based on the requirements set out in Article 143(1), Article 151(4) and (9), Article 283, Article 312(2), or Article 363 of Regulation (EU) No 575/2013, together with the reasoning to support the opinion; |
− | --- | --- |
+ **1.** Any assessment report referred to in Article 6 shall be communicated by the consolidating supervisor to a relevant competent authority, where that contribution is relevant to the assessment of that relevant competent authority.
− | (b) | terms and conditions, if any, to which such permission should be subject, including corresponding reasoning and a timetable for their fulfilment; |
− | --- | --- |
+ **2.** The consolidating supervisor shall engage in dialogue, as referred to in the timetable pursuant to point (e) of Article 5(2), with the relevant competent authorities, based on the assessment reports prepared by the consolidating supervisor and the relevant competent authorities, with a view t…
− | (c) | the assessments relating to the matters which competent authorities are required to assess in accordance with the requirements set out in Regulation (EU) No 575/2013 which relate to the permissions referred to in Articles 143, 144, 151, 283, 312 or 363 of that Regulation; |
− | --- | --- |
+ **3.** The consolidating supervisor shall prepare a fully reasoned draft joint decision. The draft joint decision shall set out each of the following items:(a) the names of the consolidating supervisor and relevant competent authorities involved in the draft joint decision;(b) the name of the group …
− | (d) | recommendations, if any, on remedying deficiencies revealed while evaluating the application and reaching a joint decision on the application. |
− | --- | --- |
+ **4.** The consolidating supervisor shall provide the draft joint decision to the relevant competent authorities for the purposes of the dialogue referred to in point h of Article 5(2), where appropriate.
− ### art_7
+ ### Article 8 — Reaching of the joint decision
− Article 7
+ **1.** The consolidating supervisor shall revise the draft joint decision, as necessary, to reflect the conclusions of the dialogue referred to in Article 7(4), and draw up a final draft joint decision.
− 1. Any assessment report referred to in Article 6 shall be communicated by the consolidating supervisor to a relevant competent authority, where that contribution is relevant to the assessment of that relevant competent authority.
+ **2.** The consolidating supervisor shall send the final draft joint decision to the relevant competent authorities without undue delay and by the deadline specified in the timetable pursuant to Article 5(2)(i), setting them a deadline within which they are to provide their written agreement which m…
− 2. The consolidating supervisor shall engage in dialogue, as referred to in the timetable pursuant to point (e) of Article 5(2), with the relevant competent authorities, based on the assessment reports prepared by the consolidating supervisor and the relevant competent authorities, with a view to pr…
+ **3.** The relevant competent authorities receiving the final draft joint decision and not disagreeing with it shall provide to the consolidating supervisor their written agreement within the set deadline.
− 3. The consolidating supervisor shall prepare a fully reasoned draft joint decision. The draft joint decision shall set out each of the following items:
+ **4.** A joint decision shall be deemed as reached only when all relevant competent authorities have provided their written agreement.
− | (a) | the names of the consolidating supervisor and relevant competent authorities involved in the draft joint decision; |
− | --- | --- |
+ **5.** The joint decision shall consist of the joint decision and the written agreements attached thereto. The joint decision shall be provided to all relevant competent authorities by the consolidating supervisor.
− | (b) | the name of the group of institutions and a list of all institutions within the group to which the draft joint decision relates and applies, together with details of the scope of application of the draft joint decision; |
− | --- | --- |
+ ### Article 9 — Communication of the joint decision
− | (c) | the references to the applicable Union and national law relating to the preparation, finalisation and application of the draft joint decision; |
− | --- | --- |
+ **1.** The consolidating supervisor shall communicate the joint decision referred to in Article 8(5) to the applicant in accordance with Article 20(2) of Regulation (EU) No 575/2013, along with information on the implementation of the joint decision into respective national permissions, where approp…
− | (d) | the date of the draft joint decision and of any relevant update thereto in case of material extensions or changes as referred to in Article 13; |
− | --- | --- |
+ **2.** The consolidating supervisor shall confirm to the relevant competent authorities that it has communicated the joint decision to the applicant.
− | (e) | an opinion on granting the permission requested based on the assessment reports referred to in Article 6; |
− | --- | --- |
+ **3.** The consolidating supervisor and the relevant competent authorities shall discuss, where appropriate, the joint decision with the institutions which are established in their jurisdiction and are subject to the joint decision to explain the details of the decision and its application.
− | (f) | where the opinion referred to in point (e) is to grant the permission requested, the date from which that permission is granted; |
− | --- | --- |
+ ## CHAPTER III — DISAGREEMENTS AND DECISIONS TAKEN IN THE ABSENCE OF A JOINT DECISION
− | (g) | a brief description of the results of the assessments for each institution within the group; |
− | --- | --- |
+ ### Article 10 — Decision process in the absence of joint decision
− | (h) | any recommendations on remedying any deficiencies revealed while evaluating the application and reaching a joint decision on the application; |
− | --- | --- |
+ **1.** Where no agreement is reached within the time period referred in point a of Article 20(2) of Regulation (EU) No 575/2013, the consolidating supervisor shall at the request of any of the relevant competent authorities consult the European Banking Authority (EBA). The consolidating supervisor m…
− | (i) | any terms and conditions to be met by the applicant, including corresponding reasoning, before using the permission referred to in Article 143(1), Article 151(4) and (9), Article 283, Article 312(2) or Article 363 of Regulation (EU) No 575/2013, where applicable; |
− | --- | --- |
+ **2.** Where no joint decision is reached within the time period referred to in point a of Article 20(2) of Regulation (EU) No 575/2013, the decision of the consolidating supervisor referred to in the first subparagraph of Article 20(4) of that Regulation shall be evidenced in writing and shall be t…
− | (j) | the reference date to which points (g), (h) and (i) relate; |
− | --- | --- |
+ **3.** Where EBA has been consulted pursuant to paragraph 1, the consolidating supervisor's decision referred to in paragraph 2 shall include an explanation of any deviations from the EBA's advice.
− | (k) | the timeline for fulfilling the terms and conditions referred to in point (i) or for addressing the recommendations referred to in point (h), where applicable; |
− | --- | --- |
− 
− | (l) | the timeline for implementing the draft joint decision into respective national permissions, where applicable. |
− | --- | --- |
+ ### Article 11 — Drafting of the decisions taken in the absence of a joint decision
− 4. The consolidating supervisor shall provide the draft joint decision to the relevant competent authorities for the purposes of the dialogue referred to in point h of Article 5(2), where appropriate.
− 
− ### art_8
− 
− Article 8
− 1. The consolidating supervisor shall revise the draft joint decision, as necessary, to reflect the conclusions of the dialogue referred to in Article 7(4), and draw up a final draft joint decision.
− 
− 2. The consolidating supervisor shall send the final draft joint decision to the relevant competent authorities without undue delay and by the deadline specified in the timetable pursuant to Article 5(2)(i), setting them a deadline within which they are to provide their written agreement which may b…
− 
− 3. The relevant competent authorities receiving the final draft joint decision and not disagreeing with it shall provide to the consolidating supervisor their written agreement within the set deadline.
− 
− 4. A joint decision shall be deemed as reached only when all relevant competent authorities have provided their written agreement.
− 
− 5. The joint decision shall consist of the joint decision and the written agreements attached thereto. The joint decision shall be provided to all relevant competent authorities by the consolidating supervisor.
− 
− ### art_9
− 
− Article 9
− 
− 1. The consolidating supervisor shall communicate the joint decision referred to in Article 8(5) to the applicant in accordance with Article 20(2) of Regulation (EU) No 575/2013, along with information on the implementation of the joint decision into respective national permissions, where appropriat…
− 
− 2. The consolidating supervisor shall confirm to the relevant competent authorities that it has communicated the joint decision to the applicant.
− 
− 3. The consolidating supervisor and the relevant competent authorities shall discuss, where appropriate, the joint decision with the institutions which are established in their jurisdiction and are subject to the joint decision to explain the details of the decision and its application.
− 
− ### art_10
− 
− Article 10
− 
− 1. Where no agreement is reached within the time period referred in point a of Article 20(2) of Regulation (EU) No 575/2013, the consolidating supervisor shall at the request of any of the relevant competent authorities consult the European Banking Authority (EBA). The consolidating supervisor may c…
− 
− 2. Where no joint decision is reached within the time period referred to in point a of Article 20(2) of Regulation (EU) No 575/2013, the decision of the consolidating supervisor referred to in the first subparagraph of Article 20(4) of that Regulation shall be evidenced in writing and shall be taken…
− 
− | (a) | one month after the expiry of the time period referred to in point (a) of Article 20(2) of Regulation (EU) No 575/2013, where none of the competent authorities concerned has referred the matter to EBA in accordance with the fourth subparagraph of Article 20(4) of that Regulation; |
− | --- | --- |
− 
− | (b) | one month after the provision of any advice by the EBA pursuant to paragraph 1 of this Article where the consolidating supervisor has consulted the EBA within the time period referred to in point (a) of Article 20(2) of Regulation (EU) No 575/2013; |
− | --- | --- |
− 
− | (c) | one month after any decision taken by the EBA in accordance with the fourth subparagraph of Article 20(4) of Regulation (EU) No 575/2013. |
− | --- | --- |
− 
− 3. Where EBA has been consulted pursuant to paragraph 1, the consolidating supervisor's decision referred to in paragraph 2 shall include an explanation of any deviations from the EBA's advice.
− 
− ### art_11
− 
− Article 11
− 
+ ### Article 12 — Communication of the decisions taken in the absence of joint decision
− ### art_12
− Article 12
− 
+ ## CHAPTER IV — UPDATE OF DECISIONS IN CASE OF MATERIAL MODEL EXTENSIONS OR CHANGES AND ENTRY INTO FORCE
− ### art_13
+ ### Article 13 — Material model extensions or changes
− Article 13
+ **1.** Where an application for permission relates to material model extensions or changes as referred to in Article 143(3), Article 151(9), Article 283, and Article 325az, or Article 363 in the version in force on 8 July 2024, of Regulation (EU) No 575/2013, the consolidating supervisor and the com…
− 1. Where an application for permission relates to material model extensions or changes in accordance with Article 143(3), Article 151(4) or (9), Article 283, Article 312(2) or Article 363 of Regulation (EU) No 575/2013, the consolidating supervisor and the competent authorities responsible for the s…
+ **2.** The timetable of the joint decision process for granting permission on material extensions and changes shall fulfil all of the following requirements:(a) it shall be proportionate to the scope of the material model extensions or changes;(b) it shall be proportionate to the tasks and division …
− 2. The timetable of the joint decision process for granting permission on material extensions and changes shall fulfil all of the following requirements:
− 
− | (a) | it shall be proportionate to the scope of the material model extensions or changes; |
− | --- | --- |
− 
− | (b) | it shall be proportionate to the tasks and division of the work between the consolidating supervisor and the relevant competent authorities responsible for the supervision of institutions that are affected by these material model extensions or changes. |
− | --- | --- |
+ ### Article 14 — Entry into force
− ### art_14
+ This Regulation shall enter into force on the twentieth day following that of its publication in the *Official Journal of the European Union.*
− Article 14
− 
− This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.