Regulatory Alerts2025-06-25
Added · Updated
Decision of the European Systemic Risk Board amending Decision ESRB/2011/1 adopting the Rules of Procedure of the European Systemic Risk Board
The General Board of the European Systemic Risk Board amends its Rules of Procedure to introduce a simplified written approval procedure for agenda items already substantively discussed by the Advisory Technical Committee or its substructures. This streamlined process applies specifically to tasks related to identifying optimal macro-prudential policy design at the Union level, as listed in the newly added Annex. The amendment also updates Article 5 to require that draft minutes reference decisions taken under this new paragraph and mandates that the Annex be reviewed and updated at least every two years. The Decision enters into force on the fifth day following its publication in the Official Journal of the European Union.