# European Central Bank Regulation (EC) No 2157/1999 of 23 September 1999 on the powers of the European Central Bank to impose sanctions (ECB/1999/4), Article 1: Definitions

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

For the purposes of this Regulation, the term ‘competent national central bank’ means the national central bank of the Member State in whose jurisdiction the alleged infringement has occurred or, for infringements in the field of oversight of systemically important payment systems, it means the Eurosystem central bank that has been identified as a competent authority within the meaning of Article 2(5) of Regulation (EU) No 795/2014 of the European Central Bank (ECB/2014/28) . Other terms used have the same meaning as defined in Article 1 of Regulation (EC) No 2532/98.

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Source: https://www.legislation.gov.uk/eur/1999/2157/article/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-1999-2157/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

