# Decision (EU) 2020/1015 of the European Central Bank of 24 June 2020 on the establishment of close cooperation between the European Central Bank and Българска народна банка (Bulgarian National Bank) (ECB/2020/30), Article 1: Establishment of a close cooperation between the ECB and BNB

Extent: E+W+S+N.I.

1. On the basis of the information submitted by the Republic of Bulgaria, the ECB concludes that the criteria set out in Article 7(2)(a) to (c) of Regulation (EU) No 1024/2013 for establishing a close cooperation with BNB are met.
2. Pursuant to Article 7(2) of Regulation (EU) No 1024/2013, this Decision establishes a close cooperation between the ECB and BNB for the purpose of carrying out the tasks in the areas referred to in Article 4(1) and 4(2) and Article 5 of Regulation (EU) No 1024/2013 in relation to supervised entities established in the Republic of Bulgaria.

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Source: https://www.legislation.gov.uk/eudn/2020/1015/article/1 (the official version)
Page: https://openlegislation.uk/eu-decision-2020-1015/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.