Reporting by central securities depositories and national supervisory authorities on the amounts provisionally retained
Article 6
1. The central securities depositories shall submit to the Commission and national supervisory authorities, together with each of the interim financial reports referred to in Article 4 and the audited financial statements and reports referred to in Article 5, a separate document setting out: (a) the assumptions and any other necessary information used to determine the amount of the financial contribution provisionally retained pursuant to points (a), (b) and (c) of Article 5a(10) of Regulation (EU) No 833/2014; (b) information on the use of the amounts provisionally retained in accordance with point (d) of Article 5a(10) of Regulation (EU) No 833/2014. The information referred to in point (b) of the first subparagraph of this Article shall comprise a detailed quantification of the expenses, risks and losses incurred or provisioned due to the war in Ukraine with regard to the assets held by these central securities depositories, and of the amounts thereof which can be covered by the internal resources of the central securities depositories at the time of their occurrence. 2. The information by the national supervisory authorities about its decision pursuant to point (e) of Article 5a(10) of Regulation (EU) No 833/2014 that amounts provisionally retained or part of those amounts are still needed to meet risk management requirements in view of the impact due to the war in Ukraine with regard to the assets held by central securities depositories, shall comprise a detailed description of those needs and their estimate and assumptions used for the estimate, together with any additional information that the national supervisory authorities may deem relevant. The national supervisory authorities shall immediately notify the Commission of any supervisory or other measure it adopts in respect of the central securities depositories which may affect the amounts retained pursuant to Article 5a(10) of Regulation (EU) No 833/2014. 3. The national supervisory authorities shall, upon request of the Commission, submit to it without any delay any additional information related to the quantification of the expenses, risks and losses incurred or provisioned due to the war in Ukraine with regard to the assets held by the central securities depositories, or to the quantification of internal resources used to cover these risks. The central securities depositories and the national supervisory authorities shall cooperate with the Commission in respect of the exchange of information used for the decision on the retained amounts.