http://www.legislation.gov.uk/eudr/2002/87/article/20/2011-01-04Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC and 93/22/EEC, and Directives 98/78/EC and 2000/12/EC of the European Parliament and of the CouncilDirective 2002/87/EC of the European Parliament and of the CouncilDirective 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC and 93/22/EEC, and Directives 98/78/EC and 2000/12/EC of the European Parliament and of the Council2020-12-10King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02002L0087-20110104texttext/xmlen2011-01-04 CHAPTER IIIPOWERS CONFERRED ON THE COMMISSION AND COMMITTEE PROCEDUREPowers conferred on the Commission Article 20 1 The Commission shall adopt, in accordance with the procedure referred to in Article 21(2), the technical adaptations to be made to this Directive in the following areas: a a more precise formulation of the definitions referred to in Article 2 in order to take account of developments in financial markets in the application of this Directive; b a more precise formulation of the definitions referred to in Article 2 in order to ensure uniform application of this Directive in the Community; c the alignment of terminology and the framing of definitions in the Directive in accordance with subsequent Community acts on regulated entities and related matters; d a more precise definition of the calculation methods set out in Annex I in order to take account of developments on financial markets and prudential techniques; e coordination of the provisions adopted pursuant to Articles 7 and 8 and Annex II with a view to encouraging uniform application within the Community. Those measures, designed to amend non-essential elements of this Directive, inter alia , by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 21(2). Those measures shall not include the subject matter of the power delegated and conferred on the Commission with regard to the items listed in Article 21a. 2 The Commission shall inform the public of any proposal presented in accordance with this Article and will consult interested parties prior to submitting the draft measures to the Financial Conglomerates Committee referred to in Article 21. Inserted by Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (Text with EEA relevance). Deleted by Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission. Inserted by Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission.
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<Title>POWERS CONFERRED ON THE COMMISSION AND COMMITTEE PROCEDURE</Title>
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The Commission shall adopt
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the technical adaptations to be made to this Directive in the following areas:
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<Addition ChangeId="O002001M002" CommentaryRef="c000004">Those measures, designed to amend non-essential elements of this Directive, </Addition>
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<Addition ChangeId="O002001M002" CommentaryRef="c000004">inter alia</Addition>
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<Addition ChangeId="O002001M002" CommentaryRef="c000004">, by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 21(2).</Addition>
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<Addition ChangeId="O003001M016" CommentaryRef="c000002">Those measures shall not include the subject matter of the power delegated and conferred on the Commission with regard to the items listed in Article 21a.</Addition>
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Inserted by
<Citation Class="EuropeanUnionDirective" Year="2010" Number="78" URI="http://www.legislation.gov.uk/id/eudr/2010/78" Title="Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (Text with EEA relevance)">Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority) (Text with EEA relevance)</Citation>
.
</Text>
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<Text>
Deleted by
<Citation Class="EuropeanUnionDirective" Year="2008" Number="25" URI="http://www.legislation.gov.uk/id/eudr/2008/25" Title="Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission">Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission</Citation>
.
</Text>
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<Text>
Inserted by
<Citation Class="EuropeanUnionDirective" Year="2008" Number="25" URI="http://www.legislation.gov.uk/id/eudr/2008/25" Title="Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission">Directive 2008/25/EC of the European Parliament and of the Council of 11 March 2008 amending Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, as regards the implementing powers conferred on the Commission</Citation>
.
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