Contents
Article 4Criteria for the adoption of delegated decisions not to object to intended macroprudential measures for setting an O-SII buffer#
Decisions not to object to intended macroprudential measures for setting an O-SII buffer shall be adopted in accordance with Article 3, paragraphs 1 and 2, where all of the following criteria are met:
(a)those intended macroprudential measures apply the latest methodology for determining the ECB floor;
(b)the ECB’s technical assessment of those measures does not give rise to any concerns as regards the following:
(i)the methodology employed by the NCA or NDA;
(ii)the economic considerations driving the setting of O-SII buffers;
(iii)the identification of O-SIIs;
(c)the ECB’s technical assessment does not conclude that the ECB should object to those intended macroprudential measures.
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