{
  "url": "https://openlegislation.uk/eu-regulation-2016-98/article-12",
  "json_url": "https://openlegislation.uk/eu-regulation-2016-98/article-12.json",
  "legislation": "eur/2016/98",
  "legislation_title": "Commission Delegated Regulation (EU) 2016/98 of 16 October 2015 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards for specifying the general conditions for the functioning of colleges of supervisors (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2016-98",
  "path": "article/12",
  "kind": "article",
  "number": "12",
  "heading": "Information exchange on early warning signs, potential risks and vulnerabilities",
  "text": "1. The consolidating supervisor and the members of the college participating in the development of a group risk assessment report referred to in Article 113(2)(a) of Directive 2013/36/EU or a group liquidity risk assessment report referred to in Article 113(2)(b) of that Directive for the purposes of reaching joint decisions on institution-specific prudential requirements in accordance with that Article shall exchange quantitative information aiming to identify early warning signs, potential risks and vulnerabilities and to inform the group risk assessment report and group liquidity risk assessment report.\n2. The information referred to in paragraph 1 shall be developed based on the information collected by the competent authorities in accordance with Implementing Regulation (EU) No 680/2014, in order to ensure consistency and comparability on the data used. This information shall cover at least all group entities authorised or established in a Member State, and at least the following areas:\n(a) capital;\n(b) liquidity;\n(c) asset quality;\n(d) funding;\n(e) profitability;\n(f) concentration risk.\n3. The consolidating supervisor and the members of the college referred to in paragraph 1 shall also consider exchanging information on the macroeconomic environment in which the group of institutions and its group entities operate.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2016/98/article/12",
    "retrieved_at": "2026-11-01T14:46:06.683357+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}