national competent authority (NCA)

What is national competent authority (NCA)?

national competent authority (NCA) definition and meaning on Finance terms:
A public authority or body officially recognised by national law, which is empowered by national law to supervise institutions as part of the supervisory system in operation in the Member State concerned. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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