Directive 2006/49/EC is hereby amended as follows:
(1) In Article 18, the following paragraph is added:
'5. The European Supervisory Authority (European Banking Authority) (hereinafter 'EBA') established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council [OJ L 331, 15.12.2010, p. 12.], may develop draft regulatory technical standards to specify the assessment methodology under which competent authorities permit institutions to use internal models for the purposes of calculating capital requirements under this Directive.
Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with the procedure laid down in Articles 10 to 14 of Regulation (EU) No 1093/2010.'.
(2) In Article 22(1), the following subparagraph is added:
'Where the competent authorities waive the application of capital requirements on a consolidated basis provided for in this Article, they shall notify the Commission