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Article 3 – Reference period and transactions ⬅️ | ➑️ 1114

ArticleΒ 4 - Reassessment of the college composition

1.

EBA shall reassess, at least every 2 years, which competent authorities qualify to be members of the college under Article 119(2), points (d), (e), (f), (h) and (l) of Regulation (EU) 2023/1114.

2.

For the purpose of the reassessment referred to in paragraph 1, each competent authority that is a member of the college under 1114 shall provide EBA, upon request and without undue delay, with the information necessary to assess whether those authorities continue to qualify to be a member of the college based on the criteria specified in Article 2 of this Regulation.