Regulation (EU) No 1093/2010

In force

This text since 31 Dec 2025law://eu/reg/2010/1093/art_19__para_1@2026-11-14

Contents

1.In cases specified in the legislative acts referred to in Article 1(2) and without prejudice to the powers laid down in Article 17, the Authority may assist the competent authorities in reaching an agreement in accordance with the procedure set out in paragraphs 2 to 4 of this Article in either of the following circumstances:

(a)at the request of one or more of the competent authorities concerned where a competent authority disagrees with the procedure or content of an action, proposed action, or inactivity of another competent authority;

(b)in cases where the legislative acts referred to in Article 1(2) provide that the Authority may assist, on its own initiative, where on the basis of objective reasons, disagreement can be determined between competent authorities.

In cases where the legislative acts referred to in Article 1(2) require a joint decision to be taken by competent authorities and where, in accordance with those acts, the Authority may assist, on its own initiative, in reaching an agreement in accordance with the procedure set out in paragraphs 2 to 4 of this Article, the competent authorities concerned, a disagreement shall be presumed in the absence of a joint decision being taken by those authorities within the time limits set out in those acts.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Type: Regulation · (EU) No 1093/2010
Adopted: 24 Nov 2010
In force: 16 Dec 2010
Applies from: 1 Jan 2011
Text current to: 31 Dec 2025
Made by: Council of the European Union, European Parliament
Official: EUR-Lex 32010R1093 · ELI

Topics

EU financing EU office or agency EU programme exchange of information financial control financial market Approximation of laws Financial provisions Internal market - Principles

History · 1 version

31 Dec 2025Reading
changed by Regulation (EU) 2019/2175

Connections

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Amended by 1: Regulation (EU) 2019/2175
Interpreted by the courts in 1: BT v Balgarska Narodna Banka (C-501/18)
Cited by 9: Regulation (EU) No 575/20133 provisions; Directive 2009/138/EC; Directive 2009/65/EC2 provisions; Directive 2002/87/EC3 provisions; Directive 2014/59/EU7 provisions; Directive (EU) 2020/18282 provisions; Regulation (EU) 2017/2394; Regulation (EU) No 1094/20105 provisions; Regulation (EU) No 806/2014
Cites 1: this act2 provisions

Defined terms · 4

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competent authorities
means:
financial institution
means any undertaking that is subject to regulation and supervision pursuant to any of the legislative acts referred to in Article 1(2);
financial sector operator
means an ‘entity’ as referred to in Article 2 of Directive (EU) 2015/849, which is either a financial institution as defined in point (1) of this Article or in point (1) of Article 4 of Regulation (EU) No 1094/2010 or a ‘financial market participant’ as defined in point (1) of Article 4 of Regulation (EU) No 1095/2010;
other authorities
means any of the following authorities: For the purposes of this Article, “financial institution” means financial institution as defined in Article 2, point (a), of Regulation (EU) No 1092/2010.