1.   The supervisory authorities shall conduct their tasks in a transparent and accountable manner with due respect for the protection of confidential information.

2.   Member States shall ensure that the following information is disclosed:

(a)	the texts of laws, regulations, administrative rules and general guidance in the field of insurance regulation;

(b)	the general criteria and methods, including the tools developed in accordance with Article 34(4), used in the supervisory review process as set out in Article 36;

(c)	aggregate statistical data on key aspects of the application of the prudential framework;

(d)	the manner of exercise of the options provided for in this Directive;

(e)	the objectives of the supervision and its main functions and activities.

The disclosure provided for in the first subparagraph shall be sufficient to enable a comparison of the supervisory approaches adopted by the supervisory authorities of the different Member States.

The disclosure shall be made in a common format and be updated regularly. The information referred to in points (a) to (e) of the first subparagraph shall be accessible at a single electronic location in each Member State.

3.   Member States shall provide for transparent procedures regarding the appointment and dismissal of the members of the governing and managing bodies of their supervisory authorities.

4.   The Commission shall adopt implementing measures relating to paragraph 2 specifying the key aspects on which aggregate statistical data are to be disclosed, and the format, structure, contents list and publication date of the disclosures.

Those measures, designed to amend non-essential elements of this Directive by supplementing it, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 301(3).