College framework for emergency situations
1. For the purposes of Article 36 of Delegated Regulation (EU) 2025/791, the competent authority of the home Member State shall prepare a proposal for establishing a college framework for emergency situations.
2. The competent authority of the home Member State shall submit its proposal for establishing a college framework for emergency situations to the members of the college of supervisors, invite them to provide their views, and set a deadline for the submission of those views.
3. The competent authority of the home Member State shall take into account any views expressed by the members of the college of supervisors and, where such views have not been taken into account, provide the reasons therefor.
4. The competent authority of the home Member State shall communicate the final version of the college framework for emergency situations to the members of the college of supervisors.
5. The competent authority of the home Member State and the members of the college of supervisors shall, at least on an annual basis, review and, where necessary, update the college framework for emergency situations.
6. The competent authority of the home Member State and the members of the college of supervisors shall update the college framework for emergency situations in accordance with the procedure set out in paragraphs 1 to 4.
Exchange of information during an emergency situation
1. The information referred to in Article 37(2) and (3) of Delegated Regulation (EU) 2025/791, shall be updated immediately when new information is available.
2. Where the exchange of information or any communication referred to in Article 37 of Delegated Regulation (EU) 2025/791 is made orally, the competent authorities concerned shall confirm the content of that communication or information in writing without undue delay.
3. Where a member of the supervisory college becomes aware of an emergency situation which affects or is likely to affect a branch in its jurisdiction, it shall alert the competent authority of the home Member State without undue delay.
Coordination of the supervisory assessment of an emergency situation
1. For the purposes of Article 38 of Delegated Regulation (EU) 2025/791, the competent authority of the home Member State shall coordinate the development of a draft coordinated supervisory assessment of the emergency situation, based on its own assessment and the assessment of the members of the college of supervisors that supervise branches affected or likely to be affected by the emergency situation.
2. The draft coordinated supervisory assessment shall cover the branches that are affected or likely to be affected by the emergency situation. The views and assessments of the members of the college of supervisors that supervise branches affected or likely to be affected shall be adequately reflected in the draft coordinated supervisory assessment.
3. Where the emergency situation is restricted to a specific branch, the member of the college of supervisors that is responsible for the supervision of that branch shall conduct, together with the competent authority of the home Member State, the supervisory assessment of the emergency situation.
Coordination, monitoring and update of the supervisory response to an emergency situation
1. When developing the coordinated response to an emergency situation as laid down in Article 39 of Delegated Regulation (EU) 2025/791, the competent authority of the home Member State shall adequately take into account the views of the members of the college of supervisors that supervise branches affected or likely to be affected by the emergency situation.
2. The competent authority of the home Member State shall, where relevant, coordinate the monitoring of the implementation of any actions set out in the coordinated supervisory response.
3. The members of the college of supervisors shall inform the competent authority of the home Member State about the evolution of the emergency situation and the implementation of any agreed actions related to the branches in their jurisdiction.
4. Any updates on the monitoring of the coordinated supervisory response shall be provided by the competent authority of the home Member State to the members of the college of supervisors, including EBA.
5. The development of the supervisory assessment of an emergency situation as referred to in Article 26 and the development of the coordinated supervisory response to that emergency situation may be carried out in parallel.
Repeal
Implementing Regulation (EU) 2016/99 is repealed.
References to the repealed Implementing Regulation shall be construed as references to this Regulation and read in accordance with the correlation table in Annex III.
Entry into force
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union .
Source: EUR-Lex (Publications Office of the EU), © European Union, reuse permitted under Commission Decision 2011/833/EU.
