PART ELEVEN FINAL PROVISIONS

Article 521 Entry into force and date of application
1 This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union .
2 This Regulation shall apply from 1 January 2014 , with the exception of:
(a) Article 8(3), Article 21 and Article 451(1), which shall apply from 1 January 2015 ;
(b) Article 413(1), which shall apply from 1 January 2016 ;
(c) the provisions of this Regulation that require the ESAs to submit to the Commission draft technical standards and the provisions of this Regulation that empower the Commission to adopt delegated acts or implementing acts, which shall apply from 28 June 2013 .
Substituted by Corrigendum to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).