Corrigendum to Commission Delegated Regulation (EU) 2022/2580 of 17 June 2022 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the information to be provided in the application for the authorisation as a credit institution, and specifying the obstacles which may prevent the effective exercise of supervisory functions of competent authorities (Official Journal of the European Union L 335 of 29 December 2022)

The EU Commission has published a Corrigendum to Commission Delegated Regulation (EU) 2022/2580 in the Official Journal (OJ) of the EU. To recall, the Delegated Regulation defines the information that shall be submitted by financial institutions when applying for authorization as a credit institution in an EU member state, including information on the financial soundness of the institution, information of its operational structure or internal control mechanism, information of key shareholders, or information on the history of the institution, to name a few. It also specifies situations that may prevent the authorization of institutions with strong ties to legal or natural persons in third countries and provides a provision for having all the above noted information requirements waived, e.g. in case the information was previously provided already. Please see EventID 18929 in this context for detailed information on the Delegated Regulation.
The Corrigendum now sets out the application date of the Delegated Regulation which was accidentally specified as „XX.XX.XXXX“ in the original publication. Therefore, the Corrigendum modifies recital 14 and Article 13 relating to the „Entry into force and date of application“ to set the application date to July 18, 2023.