Document ID: 32015Q0313(01)
Language: ENG

<table><col/><col/><col/><col/><tbody><tr><td><p>13.3.2015&#160;&#160;&#160;</p></td><td><p>EN</p></td><td><p>Official Journal of the European Union</p></td><td><p>L 68/88</p></td></tr></tbody></table>
AMENDMENT 1/2014 OF 15 DECEMBER 2014 TO THE RULES OF PROCEDURE OF THE SUPERVISORY BOARD OF THE EUROPEAN CENTRAL BANK
THE SUPERVISORY BOARD OF THE EUROPEAN CENTRAL BANK,
Having regard to Council Regulation (EU) No 1024/2013 of 15 October 2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions ( 1 ) , and in particular Article 26(12) thereof,
Having regard to Decision ECB/2004/2 of 19 February 2004 adopting the Rules of Procedure of the European Central Bank ( 2 ) , and in particular Article 13d thereof,
Whereas:
<table><col/><col/><tbody><tr><td><p>(1)</p></td><td><p>Article 11.3 fourth sentence of the Rules of Procedure of the Supervisory Board of the European Central Bank&#160;<a>(<span>3</span>)</a> (hereinafter, the &#8216;Rules of Procedure&#8217;) provides for a review of the allocation of the national competent authorities to the four groups established in order to define representation in the Steering Committee of the Supervisory Board, as set out in the Annex to the Rules of Procedure, when a Member State adopts the euro.</p></td></tr></tbody></table>
<table><col/><col/><tbody><tr><td><p>(2)</p></td><td><p>The adoption of the euro by Lithuania on 1 January 2015&#160;<a>(<span>4</span>)</a> resulting in the participation of the Lithuanian national competent authority in the Single Supervisory Mechanism means that the Lithuanian national competent authority needs to be included in one of the four groups referred to in recital 1, in accordance with the rules laid down in second and fifth sentences of Article 11.3 of the Rules of Procedure.</p></td></tr></tbody></table>
<table><col/><col/><tbody><tr><td><p>(3)</p></td><td><p>Therefore, the Rules of Procedure should be amended accordingly,</p></td></tr></tbody></table>
HAS ADOPTED THIS AMENDMENT TO THE RULES OF PROCEDURE:
Article 1
Amendment
The Annex to the Rules of Procedure is replaced by the Annex hereto.
Article 2
Entry into force
This amendment to the Rules of Procedure shall enter into force on 1 January 2015.
Done at Frankfurt am Main, 15 December 2014.
The Chair of the Supervisory Board
Danièle NOUY
( 1 ) OJ L 287, 29.10.2013, p. 63 .
( 2 ) OJ L 80, 18.3.2004, p. 33 .
( 3 ) OJ L 182, 21.6.2014, p. 56 .
( 4 ) Council Decision 2014/509/EU of 23 July 2014 on the adoption by Lithuania of the euro on 1 January 2015 ( OJ L 228, 31.7.2014, p. 29 ).
ANNEX
‘ANNEX
ROTATION SYSTEM
For the purposes of Article 11.3, the following rotation system applies, on the basis of the data as at 31 December 2014:
<table><col/><col/><col/><tbody><tr><td><p>Group</p></td><td><p>Participating Member State</p></td><td><p>Number of seats on the Steering Committee</p></td></tr><tr><td><p>1</p></td><td><p>DE</p></td><td><p>1</p></td></tr><tr><td><p>FR</p></td></tr><tr><td><p>2</p></td><td><p>ES</p></td><td><p>1</p></td></tr><tr><td><p>IT</p></td></tr><tr><td><p>NL</p></td></tr><tr><td><p>3</p></td><td><p>BE</p></td><td><p>2</p></td></tr><tr><td><p>IE</p></td></tr><tr><td><p>EL</p></td></tr><tr><td><p>LU</p></td></tr><tr><td><p>AT</p></td></tr><tr><td><p>PT</p></td></tr><tr><td><p>FI</p></td></tr><tr><td><p>4</p></td><td><p>EE</p></td><td><p>1&#8217;</p></td></tr><tr><td><p>CY</p></td></tr><tr><td><p>LV</p></td></tr><tr><td><p>LT</p></td></tr><tr><td><p>MT</p></td></tr><tr><td><p>SI</p></td></tr><tr><td><p>SK</p></td></tr></tbody></table>