Mapping of a group of institutions
1. The consolidating supervisor shall submit the draft mapping, prepared in accordance with Article 2 of Commission Delegated Regulation (EU) 2025/791 ( 7 ) to the authorities eligible for becoming members of the college of supervisors pursuant to Article 3(1) of that Regulation (‘potential members of the college of supervisors’), and shall invite those authorities to provide their views and indicate a deadline for the submission of those views.
2. For the purposes of the mapping and without prejudice to Article 51 of Directive 2013/36/EU, the consolidating supervisor shall consider any views expressed by the potential members of the college of supervisors.
3. Upon finalisation, the consolidating supervisor shall communicate the mapping to all potential members of the supervisory college.
4. The consolidating supervisor shall update the mapping, in accordance with the procedure set out in paragraphs 1, 2 and 3, at least on an annual basis. The mapping shall be updated more frequently where there are significant changes in the structure of the group of institutions.
5. The consolidating supervisor shall use the template set out in Annex I for the establishment and update of the mapping.
Establishment of a college of supervisors
1. The consolidating supervisor shall send the request referred to in Article 3(1) of Delegated Regulation (EU) 2025/791 to the authorities referred to in that Article and shall set a deadline for its acceptance.
Authorities receiving a request referred to in the first subparagraph shall acquire status as members of the college of supervisors upon acceptance of the request or, if no objection has been raised within the deadline for accept, upon the expiry of that deadline.
2. The consolidating supervisor shall provide a notification to the authorities that have accepted the request referred to in paragraph 1. That notification shall contain the following:
(a)
the list of authorities that the consolidating supervisor proposes to request to become observers of the college of supervisors in accordance with Article 3(2) of Delegated Regulation (EU) 2025/791;
(b)
the list of authorities that the consolidating supervisor proposes to request to become observers of the college of supervisors in accordance with Article 3(3) of Delegated Regulation (EU) 2025/791;
(c)
the proposal for the terms of the participation of the observers referred to in points (a) and (b) in the college of supervisors;
(d)
with regard to supervisory authorities of third countries referred to in Article 3(2), point (a), and Article 3(3), point (b), of Delegated Regulation (EU) 2025/791, the opinion of the consolidating supervisor on the assessment of the equivalence of the confidentiality requirements applicable to the third country supervisory authority.
3. In the notification referred to in paragraph 2, the consolidating supervisor shall set an adequate deadline within which any disagreeing member of the college of supervisors may express in writing its fully reasoned objection to the proposal or opinion of the consolidating supervisor referred to in that paragraph, point (b), (c) or (d). If no objection has been expressed within that deadline, the members of the college of supervisors shall be deemed to have agreed on the proposal or opinion.
4. The consolidating supervisor shall engage in a dialogue with any disagreeing member referred to in paragraph 3 with the involvement of EBA and the other members of the college of supervisors, as appropriate, with the aim to reach an agreement.
5. Upon agreement of all members of the college of supervisors on the proposal and opinion referred to in paragraph 2, the consolidating supervisor shall send the requests to the authorities referred to in Article 3(3) of Delegated Regulation (EU) 2025/791 to become observers of the college of supervisors and shall set a deadline for its acceptance. The request shall be accompanied by the terms of the observer participation.
The authorities referred to in the first subparagraph shall acquire status as observers of the college of supervisors upon acceptance of the request and the terms of observer participation or upon the expiry of the deadline for acceptance if they have not raised any objection before that deadline.
6. Authorities referred to in Article 3(3) of Delegated Regulation (EU) 2025/791 may request to become observers of a college of supervisors. The request shall be addressed to the consolidating supervisor. Where the consolidating supervisor decides to request those authorities to participate in the college of supervisors as observers, the procedure set out in paragraph 2 to 5 of this Article shall apply.
Contact lists
1. The consolidating supervisor shall establish and maintain a contact list containing full contact details and an emergency contact list containing full contact details and out-of-hours contact details to be used during emergency situations and communicate those contact lists to the members and observers of the college of supervisors using the template set out in Annex II. The contact list and emergency contact list shall be annexed to the written coordination and cooperation arrangements referred to in Article 5 of Delegated Regulation (EU) 2025/791.
2. The members of the college of supervisors shall provide their contact details and out-of-hours contact details to the consolidating supervisor and shall inform the consolidating supervisor of any changes in those details without undue delay.
3. After having received information of a change as referred to in paragraph 2, the consolidating supervisor shall communicate an updated version of the contact list or emergency contact list to the members and observers of the college of supervisors without undue delay.
Written coordination and cooperation arrangements
1. The consolidating supervisor shall prepare a proposal for the conclusion of written coordination and cooperation arrangements referred to in Article 115 of Directive 2013/36/EU and Article 5 of Delegated Regulation (EU) 2025/791.
2. The consolidating supervisor shall communicate its proposal to the members of the college of supervisors and shall invite them to provide their views, and indicate a deadline for the submission of those views.
3. For the purposes of finalising the written coordination and cooperation arrangements, the consolidating supervisor shall take into account any views expressed by the members of the college of supervisors and explain, if necessary, the reason for not incorporating those views.
4. Upon finalisation, the consolidating supervisor shall communicate the written coordination and cooperation arrangements to the members of the college of supervisors.
5. If deemed necessary by the consolidating supervisor and the members of the college of supervisors, the implementation of the written coordination and cooperation arrangements shall be tested by means of simulation exercises or in any other way, as appropriate.
6. The consolidating supervisor and the members of the college of supervisors shall, where necessary, amend the written coordination and cooperation arrangements in case of changes in any of its elements referred to in Article 5 of Delegated Regulation (EU) 2025/791.
The written coordination and cooperation arrangements shall be amended in accordance with paragraph 7 to reflect any changes in the membership of the college of supervisors.
The consolidating supervisor and the members of the college of supervisors shall review the elements of the written coordination and cooperation arrangements referred to in Article 5 of Delegated Regulation (EU) 2025/791 on a regular basis to be determined in the arrangements.
7. The consolidating supervisor and the members of the supervisory college shall amend the written coordination and cooperation arrangements in accordance with the procedure set out in paragraphs 1 to 4.
8. The consolidating supervisor shall use the template in Annex II to conclude and amend the written coordination and cooperation arrangements.
Meetings and activities of colleges of supervisors
1. Colleges of supervisors shall convene at least one meeting per year. However, the consolidating supervisor with the consent of all members of the college of supervisors, having taken into account the specificities of the group, may determine a different frequency of meetings.
2. The consolidating supervisor shall establish the objectives of the meetings of the college of supervisors. The consolidating supervisor shall ensure that those objectives are reflected in the agenda of the meetings.
3. The consolidating supervisor shall decide whether the meeting is convened in physical or in virtual format, based on the objectives of the meeting.
4. The consolidating supervisor shall send the proposed agenda of the meeting to all the members of the college of supervisors, to the group-level resolution authority, and to those observers of the college of supervisors that the consolidating supervisor intends to invite in accordance with Article 6(1) of Delegated Regulation (EU) 2025/791 and shall invite them to propose any additional agenda items.
The consolidating supervisor shall take into account any proposals on agenda items made by the members and observers referred to in the first subparagraph and shall explain, where requested, the reason for not incorporating those proposals.
5. The consolidating supervisor and the members and observers of the college of supervisors that are involved in a particular meeting or activity shall exchange documents and contributions to working documents well in advance of the meeting or activity to enable all participants in the meeting or activity to actively contribute to the discussions.
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
