Decision (EU) 2015/529 of the European Central BankShow full title

Article 1 U.K. Amendments

Decision ECB/2004/3 is amended as follows:

(1)

in Article 3 the following definitions are added:

‘(c)

“national competent authority” (NCA) and “national designated authority” (NDA) have the meaning given to them by Council Regulation (EU) No 1024/2013(1);

(d)

“other relevant authorities and bodies” means relevant national authorities and bodies, Union institutions, bodies, offices and agencies, relevant international organisations, supervisory authorities and administrations of third countries.’;

(2)

in Article 4(1)(a) the first indent is replaced by the following:

• ‘the confidentiality of the proceedings of the ECB's decision-making bodies, the Supervisory Board or other bodies established pursuant to Regulation (EU) No 1024/2013,’;

(3)

in Article 4(1)(a) the following indents are added:

• ‘the Union's or a Member State's policy relating to the prudential supervision of credit institutions and other financial institutions,

• the purpose of supervisory inspections,

• the soundness and security of financial market infrastructures, payment schemes or payment service providers.’;

(4)

Article 4(3) is replaced by the following:

‘3. Access to a document drafted or received by the ECB for internal use as part of deliberations and preliminary consultations within the ECB, or for exchanges of views between the ECB and NCBs, NCAs or NDAs, shall be refused even after the decision has been taken, unless there is an overriding public interest in disclosure.

Access to documents reflecting exchanges of views between the ECB and other relevant authorities and bodies shall be refused even after the decision has been taken, if disclosure of the document would seriously undermine the ECB's effectiveness in carrying out its tasks, unless there is an overriding public interest in disclosure.’;

(5)

in Article 7(1), the reference to ‘Director-General Secretariat and Language Services’ is replaced by ‘Director-General Secretariat’.

Article 2 U.K. Entry into force

This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.

Done at Frankfurt am Main, 21 January 2015.

The President of the ECB

Mario Draghi