Entrustment of tasks and delegation of responsibilities
Article 7
1. When establishing and updating the examination programme of the college of supervisors referred to in Article 16 of this Regulation, the consolidating supervisor and the members of the college of supervisors shall exchange views on possible entrustment of tasks and delegation of responsibilities. On that basis, the consolidating supervisor and the members of the college of supervisors shall consider to conclude an agreement, on a voluntary basis, on the entrustment of tasks, including on any possible delegation of responsibilities, where relevant, pursuant to Article 116(1), point (b), of Directive 2013/36/EU, if such entrustment or delegation is expected to lead to more efficient and effective supervision of the group, in particular by removing unnecessary duplications of supervisory requirements, including requirements in relation to information requests. 2. The conclusion of an agreement on entrustment of tasks or delegation of responsibilities shall be notified by the consolidating supervisor to the EU parent undertaking, and by the competent authority that entrusts its tasks or delegates its responsibilities to the institution concerned. 3. Where no agreement on entrustment of tasks or delegation of responsibilities can be reached between the consolidating supervisor and the members of the college of supervisors, the consolidating supervisor shall inform EBA accordingly.