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Decision (EU) 2017/274 of the European Central Bank (repealed)Show full title
Decision (EU) 2017/274 of the European Central Bank of 10 February 2017 laying down the principles for providing performance feedback to national competent authority sub-coordinators and repealing Decision (EU) 2016/3 (ECB/2017/6) (repealed)
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Article 1Definitions
For the purposes of this Decision, the definitions contained in Article 2 of Regulation (EU) No 1024/2013 and Article 2 of Regulation (EU) No 468/2014 (ECB/2014/17) shall apply.
Article 2Performance feedback
1.JST coordinators shall provide performance feedback to NCA sub-coordinators on their and their team's performance in carrying out their tasks and objectives within the JST, in accordance with the principles set out in Annex I and shall take into account the competencies set out in Annex II.
2.JST coordinators shall, after consultation with the NCA sub-coordinator, lay down the NCA sub-coordinator's main tasks and objectives.
3.JST coordinators shall provide performance feedback with regard to the feedback cycle that starts on the day of the entry into force of this Decision and ends 12 months later.
Article 3Review
After the performance feedback cycle ends, the ECB in collaboration with the NCAs, shall review the operation of the performance feedback mechanism and report its findings to the Supervisory Board. The report shall include a proposal on whether the performance feedback mechanism should be continued.
Article 4Repeal
Decision (EU) 2016/3 (ECB/2015/36) is hereby repealed.
Article 5Entry into force
This Decision shall enter into force on 15 February 2017.
Done at Frankfurt am Main, 10 February 2017.
For the Governing Council of the ECB
The President of the ECB
Mario Draghi
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