Definition "any NCA [IATE:3563716 ] activity directed towards preparing the issue of a supervisory decision by the NCA, which is addressed to one or more supervised entities [ IATE:3563468 ] or supervised groups [ IATE:3563462 ] or one or more other persons, including the imposition of administrative penalties" Reference "Regulation (EU) No 468/2014 of the European Central Bank establishing the framework for cooperation within the Single Supervisory Mechanism between the European Central Bank and national competent authorities and with national designated authorities (SSM Framework Regulation) (ECB/2014/17), CELEX:32014R0468/EN"