On 4 March 2022, Decision (EU) 2022/368 of the European Central Bank of 18 February 2022 amending Decision (EU) 2015/2218 on the procedure to exclude staff members from the presumption of having a material impact on a supervised credit institution’s risk profile (ECB/2022/6) was published in the Official Journal of the European Union.

This latest Decision amends Decision (EU) 2015/2218 so that it reflects new draft regulatory technical standards and establishes transitional measures imposed by Commission Delegated Regulation (EU) 2021/923 which defines the concepts of managerial responsibility, control functions, material business units and business unit’s risk profile to identify staff members.

This Decision enters into force on 24 March 2022.