Regulatory Alerts2026-02-13
Decision (EU) 2026/564 of the European Central Bank on delegation of powers regarding mergers, divisions and acquisitions of material holdings
The Governing Council of the European Central Bank delegates decision-making powers to heads of work units to approve mergers, divisions, and acquisitions of material holdings involving significant supervised entities. This delegation applies only when specific criteria regarding limited impacts on own funds, liquidity ratios, and governance structures are met, while excluding negative decisions and complex or sensitive cases. Operations notified prior to the decision's entry into force remain subject to the standard non-objection procedure rather than the delegated framework.
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