Article 7
With regard to the effectiveness of the collection and sharing of information in relation to the monitoring of systemic risks, competent authorities shall provide the following information: (a) the number of occasions where the competent authority has received information from another competent authority in relation to monitoring of systemic risk, distinguishing: — recurring information made available in accordance with the first sentence of Article 25(2) of Directive 2011/61/EU, — bilateral information on important sources of counterparty risk transmitted in accordance with the second sentence of Article 25(2) of Directive 2011/61/EU, — ad-hoc information bilaterally shared in accordance with Article 53 of Directive 2011/61/EU; (b) the number of occasions where the competent authority has shared information with another competent authority in relation to the monitoring of systemic risk, distinguishing: — information reported regularly in accordance with Article 25 of Directive 2011/61/EU, — ad-hoc information shared bilaterally in accordance with Article 53 of Directive 2011/61/EU.