Updated 18/09/2024
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Article 8 - Exchange of information between the members of the college of supervisors and an investment firm group

Article 8

Exchange of information between the members of the college of supervisors and an investment firm group

1.   The group supervisor and the members of the college of supervisors shall coordinate the communication of information to, and the request for information from, any entity of the investment firm group as follows:

(a)

the group supervisor shall communicate information to, and request information from, the Union parent undertaking;

(b)

the members of the college of supervisors shall communicate information to, and request information from, the entities of the investment firm group which are under their supervisory remit as per the mapping performed in accordance with Article 1.

2.   A member of the college of supervisors that exceptionally intends to communicate information to, or request information from, the Union parent undertaking, shall inform the group supervisor thereof in advance.

3.   Where, exceptionally, the group supervisor intends to communicate information to, or request information from, an entity of the investment firm group which is outside its direct supervisory remit as per the mapping performed in accordance with Article 1, it shall inform the member concerned of the college responsible for supervising that entity thereof in advance.