Updated 13/09/2025
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Article 25 - Delegated Regulation 2025/791

Article 25

Members and observers of a college of supervisors

1.   Following the mapping of the institution with branches in other Member States carried out in accordance with the procedure set out in Article 18 of Implementing Regulation (EU) 2025/790, the competent authority of the home Member State shall request the following authorities to become members of the college of supervisors:

(a)

the competent authorities of the host Member States where significant branches are established;

(b)

the ESCB central banks of Member States that are involved in accordance with their national law in the prudential supervision of the significant branches referred to in point (a), but that are not competent authorities;

(c)

EBA.

2.   The competent authority of the home Member State shall request the following authorities to become observers of the college of supervisors in accordance with the procedure set out in Article 2(1) of Implementing Regulation (EU) 2025/790:

(a)

the supervisory authorities of third countries where institutions are authorised or branches that are deemed important for the group, as set out in Article 2(3), point (c), of this Regulation are established, provided that those supervisory authorities are subject to confidentiality requirements laid down in Article 116 of Directive 2013/36/EU;

(b)

the resolution authority of the home Member State;

(c)

the AML/CFT authority of the home Member State;

(d)

where a second intermediate EU parent undertaking has been established in accordance with Article 21b(3), second subparagraph, of Directive 2013/36/EU, the consolidating supervisor, or the group supervisor of that second college of supervisors;

(e)

for a financial conglomerate, the coordinator referred to in Article 11(1) of Directive 2002/87/EC, where different from the competent authority of the home Member State.

3.   The competent authority of the home Member State may request the following authorities to become observers of the college of supervisors in accordance with the procedure set out in Article 2(1) of Implementing Regulation (EU) 2025/790:

(a)

the competent authorities of host Member States where non-significant branches are established;

(b)

the supervisory authorities of third countries, other than the authorities referred to in paragraph 2, point (a);

(c)

the public authorities or bodies in a Member State that are responsible for or involved in the supervision of the institution or its branches, provided that the competent authority of the same host Member State has accepted to become a member or observer of the college of supervisors, including:

(i)

AML/CFT authority in a Member State;

(ii)

competent authorities responsible for the supervision of markets in financial instruments;

(iii)

authorities responsible for consumer protection;

(d)

resolution authorities of host Member States, provided that the competent authority of the same host Member State has accepted to become a member or observer of the college of supervisors.