Recital 4

(4)Colleges are a key tool for exchanging information, anticipating and dealing with emergency situations, and enabling the consolidating supervisor to conduct effective supervision on a consolidated basis. To ensure consistency and enable the EBA to perform its tasks as provided for in Regulation (EU) No 1093/2010 of the European Parliament and of the Council ³ and in Article 116 of Directive 2013/36/EU, it is appropriate for the EBA to participate in all colleges as a member.