Regulatory Alerts2016-10-12
Added · Updated
Decision of the European Systemic Risk Board of 12 October 2016 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 Decision ESRB/2011/1 to transfer the signing authority for specific procedural documents from the Chair to the Head of the ESRB Secretariat. Specifically, Article 5(4) is updated so that approved draft minutes of General Board meetings are signed by the Head of the Secretariat. Article 10(3) requires the Head of the Secretariat to sign the draft summary proceedings of Steering Committee meetings. Furthermore, Article 19(2) mandates that ESRB warnings and recommendations be signed by the Head of the Secretariat to certify their conformity with the General Board’s decision.
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