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Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC
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1.For the purposes of Article 56, a Sub-Committee on Financial Conglomerates to the Joint Committee shall be established.
2.The Sub-Committee shall be composed of the individuals referred to in Article 55(1), and one high-level representative from the current staff of the relevant competent authority from each Member State.
3.The Sub-Committee shall elect a Chairperson from among its members, who shall also be a member of the Joint Committee.
4.The Joint Committee may establish further Sub-Committees.
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