Version in force , Modified +178 −284§
Amended by Regulation (EU) 2019/2176 32019R2176 on EUR-Lex (external, EUR-Lex)
dates added to the text: 2024-12-31 · dates removed: 2013-12-17
Explanation, written by a model and checked against the cited text
The date by which the review process must begin has changed from 17 December 2013 to 31 December 2024.
The responsibility for the review has shifted: the earlier text had the European Parliament and Council examining the Regulation and deciding whether review was needed after receiving opinions from the ECB and the ESAs, while the later text has the Commission reporting to the European Parliament and Council on the need for review after consulting the members of the ESRB, including consideration of possible alternative models to the current one.
The sentence in the earlier text requiring a specific review of the modalities for designating or electing the Chair of the ESRB no longer appears.
Cited: Art. 20, v1 (external, EUR-Lex) · Art. 20, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
texts differ too much for an inline diff; shown separately
Previous version 32010R1092
Article 20 Review By 17 December 2013, the European Parliament and the Council shall examine this Regulation on the basis of a report from the Commission and, after having received an opinion from the ECB and the ESAs, shall determine whether the mission and organisation of the ESRB need to be reviewed. They shall, in particular, review the modalities for the designation or election of the Chair of the ESRB.
this version, in force 30 December 2019 02010R1092-20191230
Article 20 Review By 31 December 2024, the Commission shall, after having consulted the members of the ESRB, report to the European Parliament and to the Council on whether it is necessary to review the mission or organisation of the ESRB, also considering possible alternative models to the current one.