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Article 46: Competent authorities

agent:eu:dora:art-46 · sha256 019dc11fc6e17dd7

Turnover framework under the act

The act sets no turnover framework. Penalties are laid down by the Member States.

Affected roles

Not in the register yet.

Affected industries

banking, insurance

Obligations

Not in the register yet.

Article text

Without prejudice to the provisions on the Oversight Framework for critical ICT third-party service providers referred to in Chapter V, Section II, of this Regulation, compliance with this Regulation shall be ensured by the following competent authorities in accordance with the powers granted by the respective legal acts:

(a)

for credit institutions and for institutions exempted pursuant to Directive 2013/36/EU, the competent authority designated in accordance with Article 4 of that Directive, and for credit institutions classified as significant in accordance with Article 6(4) of Regulation (EU) No 1024/2013, the ECB in accordance with the powers and tasks conferred by that Regulation;

(b)

for payment institutions, including payment institutions exempted pursuant to Directive (EU) 2015/2366, electronic money institutions, including those exempted pursuant to Directive 2009/110/EC, and account information service providers as referred to in Article 33(1) of Directive (EU) 2015/2366, the competent authority designated in accordance with Article 22 of Directive (EU) 2015/2366;

(c)

for investment firms, the competent authority designated in accordance with Article 4 of Directive (EU) 2019/2034 of the European Parliament and of the Council (38);

(d)

for crypto-asset service providers as authorised under the Regulation on markets in crypto-assets and issuers of asset-referenced tokens, the competent authority designated in accordance with the relevant provision of that Regulation;

(e)

for central securities depositories, the competent authority designated in accordance with Article 11 of Regulation (EU) No 909/2014;

(f)

for central counterparties, the competent authority designated in accordance with Article 22 of Regulation (EU) No 648/2012;

(g)

Machine-readable formThe article in the registerChangesSource: NovaCopilot