OBS_VALUE: However, the Ministry of Finance retains discretion to intervene directly on prudential grounds. The powers vested upon the Minister extend towards financial enterprises rather then the Central Bank, and include the expropriation of assets and liabilities of or securities issued by a financial enterprise. This can be done only when there is a grave and immediate threat to the stability of the financial system. See, also, Article 19 of Council Regulation (EU) No 1024/2013 conferring specific tasks on the European Central Bank concerning policies relating to the prudential supervision of credit institutions.In addition, see Article 46 of Regulation 2019/2175 on establishing a European Supervisory Authority. 