Article 5
Meetings and activities of colleges of supervisors
1. Colleges of supervisors shall convene at least one meeting per year. However, the consolidating supervisor with the consent of all members of the college of supervisors, having taken into account the specificities of the group, may determine a different frequency of meetings.
2. The consolidating supervisor shall establish the objectives of the meetings of the college of supervisors. The consolidating supervisor shall ensure that those objectives are reflected in the agenda of the meetings.
3. The consolidating supervisor shall decide whether the meeting is convened in physical or in virtual format, based on the objectives of the meeting.
4. The consolidating supervisor shall send the proposed agenda of the meeting to all the members of the college of supervisors, to the group-level resolution authority, and to those observers of the college of supervisors that the consolidating supervisor intends to invite in accordance with Article 6(1) of Delegated Regulation (EU) 2025/791 and shall invite them to propose any additional agenda items.
The consolidating supervisor shall take into account any proposals on agenda items made by the members and observers referred to in the first subparagraph and shall explain, where requested, the reason for not incorporating those proposals.
5. The consolidating supervisor and the members and observers of the college of supervisors that are involved in a particular meeting or activity shall exchange documents and contributions to working documents well in advance of the meeting or activity to enable all participants in the meeting or activity to actively contribute to the discussions.