Opinion of the European Central Bank (13 September 2001)

Example of opinion delivered by the European Central Bank (ECB). Under the first indent of Article 105(4) of the EC Treaty, the ECB shall be consulted on any proposed Community act in its fields of competence. Accordingly, Article 105(5) of the EC Treaty stipulates that 'the ESCB shall contribute to the smooth conduct of policies pursued by the competent authorities relating to the prudential supervision of credit institutions and the stability of the financial system'.

Source and copyright

Source: Official Journal of the European Communities (OJEC). 26.09.2001, n° C 271. [s.l.].

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