Article 5
Written coordination and cooperation arrangements
The written coordination and cooperation arrangements referred to in Article 115 of Directive 2013/36/EU shall include at least the following elements:
(a) |
information on the overall structure of the group concerned, covering all group entities and branches; |
(b) |
identification of the members and observers of the college of supervisors; |
(c) |
the terms of the participation of observers in the college of supervisors as referred to in Article 3(2) and (3) and having regard to Article 17, including:
|
(d) |
the arrangements for the exchange of information including the scope of the information, the frequency of the exchange and secure channels of communication; |
(e) |
the arrangements for the treatment of confidential information; |
(f) |
the arrangements for the entrustment of tasks and the delegation of responsibilities, where relevant; |
(g) |
a description of any substructures of the college of supervisors; |
(h) |
the arrangements for the planning and coordination of supervisory activities in going concern situations; |
(i) |
the arrangements for the planning and coordination of supervisory activities in preparation for and during emergency situations, including contingency planning, communication tools and procedures; |
(j) |
the communication policy of the consolidating supervisor and of the members of the college of supervisors with the EU parent undertaking and with the group entities or significant branches; |
(k) |
agreed procedures and deadlines for circulating the documents for meetings of the college of supervisors; |
(l) |
any other agreement between the members of the college of supervisors, including agreed indicators for identifying the early warning signs, potential risks and vulnerabilities; |
(m) |
the arrangements for providing input to the consolidating supervisor in accordance with Articles 12, 13, 16, 18, 45h, 91 and 92 of Directive 2014/59/EU, including for the purposes of the consultation procedure referred to in those Articles; |
(n) |
a description of the role of the consolidating supervisor in particular with regard to coordinating the provision of the input referred to in point (m) through the group-level resolution authority to the relevant resolution college; |
(o) |
the arrangements for the situation where a member or an observer terminates its participation in the college of supervisors; |
(p) |
the characteristics of an event of adverse material effect on the risk profile of the group and its entities, taking into account the specificities of the group, and the information to be exchanged, as agreed by the consolidating supervisor and the members of the college of supervisors, if such event arises. |