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Banking Rule Book
Text applicable on 7 Oct 2026Consolidated version of 15 May 2014In forceUnofficial text · authentic on EUR-Lex (opens in a new tab)

SSMFR Article 6 — as applicable on 7 Oct 2026 (version of 15 May 2014)

Article 6(7) was not found in this version; showing Article 6.

Article 6

JST coordinator and sub-coordinators

1.

The JST coordinator, assisted by NCA sub-coordinators as defined in paragraph 2, shall ensure the coordination of the work within the joint supervisory team. For this purpose, joint supervisory team members shall follow the JST coordinator’s instructions as regards their tasks in the joint supervisory team. This shall be without prejudice to their tasks and duties with their respective NCA.

2.

Each NCA that appoints more than one staff member to the joint supervisory team shall designate one of them as sub-coordinator (hereinafter an ‘NCA sub-coordinator’). NCA sub-coordinators shall assist the JST coordinator as regards the organisation and coordination of the tasks in the joint supervisory team, in particular as regards the staff members that were appointed by the same NCA as the relevant NCA sub-coordinator. The NCA sub-coordinator may give instructions to the members of the joint supervisory team appointed by the same NCA, provided that these do not conflict with the instructions given by the JST coordinator.