Home Europe European Central Bank Decision (EU) 2024/902 of the European Central Bank of 12 Ma...
Date: 22-Mar-2024 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2024/902 of the European Central Bank of 12 March 2024 amending Decision (EU) 2021/1486 adopting internal rules concerning restrictions of rights of data subjects in connection with the European Central Bank’s tasks relating to the prudential supervision of credit institutions (ECB/2021/42) (ECB/2024/10)

Issued by European Central Bank · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • Decision (EU) 2024/902 amends Decision (EU) 2021/1486, which concerns internal rules regarding restrictions of data subjects' rights related to the European Central Bank's (ECB) prudential supervision of credit institutions.
  • The amendment clarifies the decision-making authority for restricting data subject rights in specific scenarios.

Key Changes

  • Article 3(6) of Decision (EU) 2021/1486 is replaced to clarify that the decision to restrict data subject rights should be made at the level of the relevant business area head or the holder of the function if the processing operation is not part of a business area.
  • A new paragraph 7 is added to Article 3, specifying that if the business area head is unavailable (due to absence), has a conflict of interest, or has access to confidential information, the decision should be made by the deputy head of the business area. If there is no deputy head, the decision should be made by the competent line manager.
  • The decision enters into force on the twentieth day following its publication in the Official Journal of the European Union.

Impact Analysis

ECB Business Areas

  • Action Item: Update internal procedures and training materials to reflect the new decision-making process. Ensure all relevant personnel are trained on the updated procedures.

Data Subjects

  • Action Item: No direct action is required, but the ECB should ensure that data subjects are informed of the updated decision-making process if they inquire about restrictions on their rights.

Compliance and Legal Teams

  • Action Item: Review and update internal policies and procedures. Ensure proper documentation and audit trails for decisions on restricting data subject rights.

Key Entities Referenced

European Central Bank (ECB): The central bank of the European Union countries that have adopted the euro. Decision (EU) 2021/1486 (ECB/2021/42): Decision of the European Central Bank adopting internal rules concerning restrictions of rights of data subjects in connection with the European Central Bank’s tasks relating to the prudential supervision of credit institutions. Regulation (EU) 2018/1725: Regulation of the European Parliament and of the Council on the protection of natural persons with regard to the processing of personal data by the Union institutions, bodies, offices and agencies and on the free movement of such data. Treaty on the Functioning of the European Union: The Treaty outlining the scope of the European Union. Statute of the European System of Central Banks and of the European Central Bank: The Statute governing the European System of Central Banks and the European Central Bank.
Official Source Record View Original Source →
See Full Document Text
Official Journal EN of the European Union L series 2024/902 22.3.2024 DECISION (EU) 2024/902 OF THE EUROPEAN CENTRAL BANK of 12 March 2024 amending Decision (EU) 2021/1486 adopting internal rules concerning restrictions of rights of data subjects in connection with the European Central Bank’s tasks relating to the prudential supervision of credit institutions (ECB/2021/42) (ECB/2024/10) THE EXECUTIVE BOARD OF THE EUROPEAN CENTRAL BANK, Having regard to the Treaty on the Functioning of the European Union, Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 11.6 thereof, Having regard to Regulation (EU) 2018/1725 of the European Parliament and of the Council of 23 October 2018on the protection of natural persons with regard to the processing of personal data by the Union institutions, bodies, offices and agencies and on the free movement of such data, and repealing Regulation (EC) No 45/2001 and Decision No 1247/2002/EC(1), and in particular Article 25 thereof, Whereas: (1) Pursuant to Article 3(6) of Decision (EU) 2021/1486 of the European Central Bank (ECB/2021/42)(2)a decision to restrict the rights of a data subject that is to be taken by the controller must be made at the level of the relevant business area head or deputy head in whose business area the main processing operation involving the personal data is carried out. (2) Article 3(6) of Decision (EU) 2021/1486 (ECB/2021/42) does not specify the circumstances in which such a decision to restrict the rights of a data subject should be made at the level of such a deputy head. It should therefore be clarified that these are cases where the relevant business area head is unavailable (for example if he or she is on annual or sick leave), or has an actual or perceived conflict of interest, or has access to relevant confidential information. (3) Further, Article 3(6) of Decision (EU) 2021/1486 (ECB/2021/42) does not contemplate the case of a business area with no deputy head. It should be clarified that in such a case and where the head of the relevant business area is unavailable, or has an actual or perceived conflict of interest, or has access to relevant confidential information, a decision to restrict the rights of a data subject should be made at the level of the line manager who is competent in the circumstances to do so. (4) Finally, Article 3(6) of Decision (EU) 2021/1486 (ECB/2021/42) does not specify the level at which a decision on the restriction of the rights of a data subject is to be made in the case of a function that is not allocated to a business area. It should be clarified that such a decision should be made at the level of the holder of the function in which the main processing operation involving the personal data is carried out. (5) Therefore, Decision (EU) 2021/1486 (ECB/2021/42) should be amended accordingly, (1) OJ L 295, 21.11.2018, p. 39. (2) Decision (EU) 2021/1486 of the European Central Bank of 7 September 2021 adopting internal rules concerning restrictions of rights of data subjects in connection with the European Central Bank’s tasks relating to the prudential supervision of credit institutions (ECB/2021/42) (OJ L 328, 16.9.2021, p. 15). ELI: http://data.europa.eu/eli/dec/2024/902/oj 1/2EN OJ L, 22.3.2024 HAS ADOPTED THIS DECISION: Article 1 Amendments Article 3 of Decision (EU) 2021/1486 (ECB/2021/42) is amended as follows: (1) paragraph 6 is replaced by the following: ‘6. A decision to restrict the rights of a data subject pursuant to paragraph 1 or 2 that is to be taken by the controller shall be made at the level of the relevant business area head in whose business area the main processing operation involving the personal data is carried out. If such main processing operation is carried out by a function that is not part of a business area, such a decision shall be made at the level of the holder of the function.’; (2) the following paragraph 7 is added: ‘7. For the purposes of paragraph 6, where the relevant business area head is unavailable due to absence, or has an actual or perceived conflict of interest, or has access to relevant confidential information, a decision to restrict the rights of a data subject pursuant to paragraph 1 or 2 that is to be taken by the controller shall be made by the deputy head of the business area in which the main processing operation involving the personal data is carried out. Where there is no such deputy head, such a decision shall be made by the line manager competent to do so in the case of absence, conflict of interest or access to relevant confidential information of the relevant business area head.’. Article 2 Entry into force This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union. Done at Frankfurt am Main, 12 March 2024. The President of the ECB Christine LAGARDE 2/2 ELI: http://data.europa.eu/eli/dec/2024/902/oj

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