Article 3, Paragraph 4. · ECB/2023/24

Contents

1. The Governing Council hereby delegates the power to adopt…
2. Decisions not to object to the intended macroprudential me…
3. The decision not to object to the intended macroprudential…
4. Where any member of the relevant committee or ECB internal…

4.Where any member of the relevant committee or ECB internal structure expresses concerns as to the substance of the intended macroprudential measures referred to in paragraph 1 while being consulted on a draft delegated decision, the criteria of Articles 4 and 5, as relevant, shall be deemed to have not been met and/or the measures shall be deemed to be sensitive within the meaning of Article 1, point 6, of this Decision.