TITLE XAMENDMENTS TO DIRECTIVES 82/891/EEC, 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU AND 2013/36/EU AND TO REGULATIONS (EU) NO 1093/2010 AND (EU) NO 648/2012

Article 125Amendment to Regulation (EU) No 1093/2010

Regulation (EU) No 1093/2010 is amended as follows:

  1. (1)

    In Article 4, point (2) is replaced by the following:

    (2)

    ‘competent authority’ means:

    1. (i)

      competent authority as defined in Article 4(1)(40) of Regulation (EU) No 575/2013, and within the meaning of Directives 2007/64/EC and 2009/110/EC;

    2. (ii)

      with regard to Directives 2002/65/EC and 2005/60/EC, the authorities competent for ensuring compliance with the requirements of those Directives by credit and financial institutions;

    3. (iii)

      with regard to Directive 2014/49/EU of the European Parliament and of the Council48, a designated authority as defined in Article 2(1)(18) of that Directive;

    4. (iv)

      with regard to Directive 2014/59/EU of the European Parliament and of the Council49, a resolution authority as defined in Article 2(1)(18) of that Directive.

  2. (2)

    In Article 40(6), the following subparagraph is added:

    For the purpose of acting within the scope of Directive 2014/59/EU, the member of the Board of Supervisors referred to in point (b) of paragraph 1 may, where appropriate, be accompanied by a representative from the resolution authority in each Member State, who shall be non-voting.