Updated 13/09/2025
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Article 24 - Delegated Regulation 2025/791

Article 24

Coordination of external communication in an emergency situation

1.   The consolidating supervisor and the members of the college of supervisors that supervise group entities or significant branches affected or likely to be affected by the emergency situation shall coordinate to the extent possible their external communications.

2.   For the purposes of paragraph 1, the consolidating supervisor and the members of the college of supervisors shall agree on the following elements:

(a)

the allocation of responsibilities for coordinating external communication at the different stages of the emergency situation;

(b)

the level of information to be disclosed taking into account the need to maintain market confidence and any other additional disclosure obligations where financial instruments issued by group entities affected or likely to be affected by the emergency situation are publicly traded in one or more regulated markets in the Union;

(c)

the coordination of public statements, including the statements made by only one member of the college of supervisors, in particular where those public statements are likely to have consequences for group entities or significant branches supervised by other members of the college of supervisors;

(d)

the allocation of responsibilities and appropriate timing for contacting group entities;

(e)

the allocation of responsibilities and actions to be taken for communicating externally the coordinated actions taken to address the emergency situation;

(f)

a description of possible coordination with another group or college that may be involved in dealing with an emergency situation affecting the group, including a crisis management group or a resolution college.