There has been published in the Official Journal of the EU (the OJ) the Regulation of the European Central Bank (ECB) concerning the establishment of a mediation panel and its rules of procedure (SSM Mediation Regulation). The SSM Mediation Regulation covers the:
- mediation panel, including its establishment, composition and voting procedures; and
- mediation process, including the handling of requests for mediation and the panel’s decision-making procedures.
The SSM Mediation Regulation enters into force on the day following its publication in the OJ.