On 14 May 2014, two regulations issued by the European Central Bank (“ECB”) within the framework of the SSM were published in the Official Journal of the European Union:
- Regulation 468/2014 of 16 April 2014 establishing the framework for cooperation within the SSM between the ECB and national competent authorities and with national designated authorities;
- Regulation 469/2014 of 16 April 2014 amending Regulation 2157/1999 on the powers of the ECB to impose sanctions.
For more information on the SSM, see our Newsletter of January 2014.
