1. When received from a member of the supervisory college, the consolidating supervisor shall transmit the information referred to in Article 9(3) of Delegated Regulation (EU) 2025/791 to the other members of the college of supervisors.
If the consolidating supervisor deems that any information referred to in the first subparagraph is not relevant for a particular member of the college of supervisors, it shall firstly consult that member and provide it with the key points of the information enabling them to determine the relevance of that information.
2. The consolidating supervisor and the members of the supervisory college shall transmit to each other the information referred to in Article 9(4) and (5) of Delegated Regulation (EU) 2025/791.
3. Where necessary for the efficient and effective functioning of the college of supervisors, the consolidating supervisor shall organise that college in different substructures. Where the college of supervisors is organised in different substructures, the consolidating supervisor shall keep all members of the college of supervisors fully informed, without undue delay, on the actions taken or the measures carried out in different substructures.
4. The consolidating supervisor and the members of the college of supervisors shall agree on the means for the exchange of information and shall specify that agreement in the written coordination and cooperation arrangements referred to in Article 5 of Delegated Regulation (EU) 2025/791.
Exchange of information between the consolidating supervisor and observers of the college of supervisors
1. Upon reaching a joint decision on the institution specific prudential requirements in accordance with Article 113 of Directive 2013/36/EU, the consolidating supervisor shall provide the group-level resolution authority with the information referred to in Article 17(2), point (a), of Delegated Regulation (EU) 2025/791.
2. In case of an event of adverse material effect on the risk profile of the group or its entities, the consolidating supervisor shall communicate to the relevant observers the relevant information shared for the purpose of Article 18 of Delegated Regulation (EU) 2025/791.
Ongoing review of the permission to use internal approaches
1. Where the institutions established in a Member State, including the EU parent undertaking, no longer meet the requirements for applying an internal approach in accordance with Article 143(1), Article 151(4) or (9), Article 283, Article 312(2), or Article 363 of Regulation (EU) No 575/2013, or where any relevant member of the college of supervisors referred to in Article 11(1) of Delegated Regulation (EU) 2025/791 (‘relevant member’) identifies material deficiencies in accordance with Article 101 of Directive 2013/36/EU, the consolidating supervisor and the relevant member shall work together, in full consultation, to agree on any of the following:
(a)
the revocation of the permission to use the internal model as referred to in Article 11(2), point (c), of Delegated Regulation (EU) 2025/791;
(b)
the restriction of the use of the internal model as referred to in Article 11(2), point (c), of that Delegated Regulation;
(c)
the imposition of additional own funds requirements as referred to in Article 11(2), point (d), of that Delegated Regulation.
2. The consolidating supervisor and the relevant members of the college of supervisors that supervise entities that use the approved internal model and are affected by the deficiencies referred to in paragraph 1 shall jointly take the decision on the revocation of the permission to use an internal model or on the restriction of the use of the internal model. The cooperation between the consolidating supervisor and those members shall follow the procedure set out in Articles 3 to 9 of Commission Implementing Regulation (EU) 2016/100 ( 8 ) .
3. A decision on the imposition of additional own funds requirement referred to in paragraph 1, point (c), of this Article shall be taken in accordance with the capital joint decision procedure set out in Article 113(1), point (a), of Directive 2013/36/EU.
4. The consolidating supervisor shall inform all other members of the college of supervisors on the decisions taken pursuant to paragraph 1, where it considers that such information is likely to affect other activities of the college or is essential for the exercise of the tasks of other members of the college.
Notification of non-material extensions or changes in internal approaches
1. The consolidating supervisor shall inform all relevant members of the college of supervisors of any non-material extensions or changes in an approved internal model that affect any of the institutions established in a Member State without delay.
2. A relevant member of a college of supervisors shall inform the consolidating supervisor of any non-material extensions or changes that affect any of the institutions under the supervisory remit of that member.
3. A relevant member of a college of supervisors that has concerns regarding the classification of an extension or change as non-material shall communicate those concerns to the consolidating supervisor. The consolidating supervisor shall provide that information to the other relevant members of the college of supervisors.
A consolidating supervisor that has concerns regarding the classification of an extension or change as non-material shall communicate those concerns to all relevant members of the college of supervisors. The consolidating supervisor and those members shall discuss the details of those concerns to reach a common view on the materiality of the extension or change.
4. Where the consolidating supervisor and the relevant members of the supervisory college consider that extensions or changes to an approved internal model have incorrectly been classified by the institution concerned as non-material, they shall inform that institution without delay.
Exchange of information on early warnings signs, potential risks and vulnerabilities
1. The members of the college of supervisors shall compute the indicators referred to in Article 12 of Delegated Regulation (EU) 2025/791 on the basis of the information that competent authorities collect from supervised institutions in accordance with Implementing Regulation (EU) 2024/3117.
The agreed indicators shall be set out in the written coordination and cooperation arrangements, as referred to in Article 5 of Delegated Regulation (EU) 2025/791 and be based on the template for the list of indicators set out in Annex II to this Regulation.
2. Each member of the college of supervisors that is participating in the development of a group risk assessment report as referred to in Article 113(2), point (a), of Directive 2013/36/EU or a group liquidity risk assessment report referred to in Article 113(2), point (b), of that Directive for the purposes of reaching joint decisions on institution-specific prudential requirements in accordance with that Article shall communicate to the consolidating supervisor the values of the agreed indicators for the institutions under its supervisory remit, as relevant.
3. The consolidating supervisor shall provide each member of the college of supervisors referred to in paragraph 2 with:
(a)
the values referred to in that paragraph 2;
(b)
the values of the agreed indicators for the EU parent undertaking and at consolidated level.
4. The consolidating supervisor and the members of the college of supervisors referred to in paragraph 2 shall exchange the values of the agreed indicators at least annually, or more frequently where agreed by those competent authorities. In case of an event of adverse material effect on the risk profile of the group or its entities, the values of those indicators referred to in that paragraph, which are impacted by the event, shall be updated and exchanged by the consolidating supervisor and the members of the college of supervisors referred to in paragraph 2 without undue delay.
Examination programme and entrustment of tasks and delegation of responsibilities
1. Upon reaching the joint decision on institution-specific prudential requirements referred to in Article 113 of Directive 2013/36/EU, the members of the college of supervisors shall provide their contributions to the consolidating supervisor for the purposes of establishing the examination programme of the college of supervisors as referred to in Article 116(1), point (c), of Directive 2013/36/EU in accordance with Article 16 of Delegated Regulation (EU) 2025/791.
2. After having received the contributions referred to in paragraph 1, the consolidating supervisor shall prepare a draft examination programme for the college of supervisors, including proposals, where relevant, for the entrustment of tasks and delegation of responsibilities.
3. The consolidating supervisor shall circulate the draft examination programme to the members of the college of supervisors and shall invite them to provide their views in writing on the areas of joint work and any proposals for entrustment of tasks and delegation of responsibilities, and shall indicate a deadline for the submission of such views.
4. For the purposes of completing the examination programme, the consolidating supervisor shall take into account any views and reservations expressed by the members of the college of supervisors and explain, if necessary, the reason for not incorporating those views.
5. Upon completion of the examination programme, the consolidating supervisor shall communicate that programme to the members of the college of supervisors together with any agreement they have concluded, on a voluntary basis on entrustment of tasks and delegation of responsibilities in accordance with Article 7(1) of Delegated Regulation (EU) 2025/791.
6. The examination programme of the college of supervisors shall be updated at least annually, or more frequently if deemed necessary as a result of the supervisory review and evaluation pursuant to Article 97 of Directive 2013/36/EU, or as a result of joint decisions on institution-specific prudential requirements in accordance with Article 113 of that Directive.
7. The consolidating supervisor shall update the examination programme in accordance with the procedure set out in paragraphs 1 to 5.
Exchange of information in case of an event of adverse material effect on the risk profile of the group or its entities
In case of an event of adverse material effect on the risk profile of the group or its entities as referred to in Article 18(3) of Delegated Regulation (EU) 2025/791, the consolidating supervisor and relevant members of the college of supervisors shall use the template set out in Annex II to communicate the information referred to in Article 18(1) of Delegated Regulation (EU) 2025/791.
