Article 28 | SSMR | Council Regulation 1024/2013 | judict

Updated 17/10/2024

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SSMR Tool Single Supervisory Mechanism Regulation (SSMR)

Article 28

Article 28 - Resources

Article 28

Resources

The ECB shall be responsible for devoting the necessary financial and human resources to the exercise of the tasks conferred on it by this Regulation.

Table of contents

CHAPTER I - Subject matter and definitions (Article 1-2)

CHAPTER II - Cooperation and tasks (Article 3-8)

CHAPTER III - Powers of the ECB (Article 9-18)

CHAPTER IV - Organisational principles (Article 19-31)Article 19 - Independence Article 20 - Accountability and reporting Article 21 - National parliaments Article 22 - Due process for adopting supervisory decisions Article 23 - Reporting of violations Article 24 - Administrative Board of Review Article 25 - Separation from monetary policy function Article 26 - Supervisory board Article 27 - Professional secrecy and exchange of information Article 28 - Resources Article 29 - Budget and annual accounts Article 30 - Supervisory fees Article 31 - Staff and staff exchange

CHAPTER V - General and final provisions (Article 32-34)