EBA Regulation Art. 45 and ESMA Regulation Art. 45: where the texts differ

textually similar (0.962) · paired on the EBA Regulation text of 31 December 2025 and the ESMA Regulation text of 10 November 2025 · headings the same

EBA Regulation Art. 45 and ESMA Regulation Art. 45 are textually similar: their words match at a ratio of 0.962, where 1 is identical text. That says nothing about what either provision requires, or whether one should change because the other did.

EBA Regulation Art. 45 on EUR-Lex (external, EUR-Lex) · ESMA Regulation Art. 45 on EUR-Lex (external, EUR-Lex) · EBA Regulation Art. 45: its history · ESMA Regulation Art. 45: its history

Where the texts differ

Each passage is a differing span with up to 6 unchanged words either side, from the text as compared, spacing collapsed, and cut at 400 characters where it ends […]. It is an excerpt for reading where the two differ, not the verbatim text.

Passage	EBA Regulation Art. 45	ESMA Regulation Art. 45
1	reflect the Union as a whole. The Management Board shall include at least two representatives of non-participating Member States. Mandates shall be overlapping and an	reflect the Union as a whole. Mandates shall be overlapping and an
2	and an appropriate rotating arrangement shall apply. 3. Meetings of the Management Board	and an appropriate rotating arrangement shall apply 3. Meetings of the Management Board
3	Management Board relating to individual financial institutions.	Management Board relating to individual financial market participants.

Aligned sub-provisions

EBA Regulation first, then ESMA Regulation, each with its word ratio.

Art. 45(1) and Art. 45(1) · 1.000
Art. 45(1)(1) and Art. 45(1)(1) · 1.000
Art. 45(1)(2) and Art. 45(1)(2) · 1.000
Art. 45(3) and Art. 45(3) · 1.000
Art. 45(3)(1) and Art. 45(3)(1) · 1.000
Art. 45(4) and Art. 45(4) · 0.966
Art. 45(4)(1) and Art. 45(4)(1) · 0.966

Changes since the texts were paired

The record holds no change to either provision after the versions they were paired on.