Updated 04/02/2025
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Version from: 09/01/2024
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Article 44 - Regulation 2023/2631 (EuGB Regulation)

Article 44

Supervision by competent authorities

1.  

The competent authority of the home Member State designated pursuant to Article 31 of Regulation (EU) 2017/1129 shall supervise the following:

(a) 

issuers of European Green Bonds as regards compliance with their obligations under Title II, Chapter 2, and Articles 18 and 19;

(b) 

issuers that use the common templates provided for in Article 21 as regards compliance with those templates.

2.  
Competent authorities designated in accordance with Article 29(5) of Regulation (EU) 2017/2402 shall supervise the compliance of originators with their obligations under Title II, Chapter 2, and Articles 18 and 19 of this Regulation.
3.  
By way of derogation from paragraphs 1 and 2 of this Article, competent authorities shall not supervise issuers of European Green Bonds that are covered by Article 1(2), points (b) and (d), of Regulation (EU) 2017/1129.