supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying the conditions and indicators that the EBA is to use to determine whether extraordinary circumstances in the sense of Article 325az(5) and Article 325bf(6) of that Regulation have occurred

This regulation sets out the conditions and indicators that the European Banking Authority (EBA) will use to identify when extraordinary circumstances occur in the banking sector. This helps ensure financial stability during crises.

It affects banks and credit institutions by defining when specific regulatory measures can be applied under exceptional market conditions, impacting financial supervision.