Without prejudice to the oversight by the members of the ESCB referred to in Article 12(1), a CSD shall be authorised and supervised by the competent authority of its home Member State.
Gan dochar don mhaoirseacht a dhéanfaidh comhaltaí CEBC dá dtagraítear in Airteagal 12(1), déanfaidh údarás inniúil a Ballstát bhaile TLU a údarú agus a mhaoirsiú.