Art. 20a · Convergence of supervisory review process

Version in force 30 October 2013, Inserted +282 −0§

Amended by Regulation (EU) No 1022/2013 32013R1022 on EUR-Lex (external, EUR-Lex)

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A new Article 20a has been added, giving the Authority a role in promoting convergence of the supervisory review and evaluation process in accordance with Directive 2013/36/EU, with the stated aim of bringing about strong supervisory standards in the Union.

Cited: Art. 20a, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 20a
Convergence of supervisory review process
The Authority shall promote, within the scope of its powers, convergence of the supervisory review and evaluation process in accordance with Directive 2013/36/EU in order to bring about strong supervisory standards in the Union.