Article 57
Sub-Committees
                     1.  
                     
                  The Joint Committee may establish sub-committees for the purposes of preparing draft joint positions and common acts for the Joint Committee.
                  
                     2.  
                     
                  Each sub-committee shall be composed of the individuals referred to in Article 55(1), and one high-level representative from the current staff of the relevant competent authority from each Member State.
                  
                     3.  
                     
                  Each sub-committee shall elect a chairperson from among the representatives of the relevant competent authorities, who shall also be an observer in the Joint Committee.
                  
                     4.  
                     
                  For the purposes of Article 56, a sub-committee on financial conglomerates to the Joint Committee shall be established.
                  
                     5.  
                     
The Joint Committee shall make public on its website all established sub-committees including their mandates and a list of their members with their respective functions in the sub-committee.