Recital 14

(14)The ECB should be added as a possible addressee of the ESRB’s warnings and recommendations in respect of the tasks conferred on it in accordance with Articles 4(1), 4(2) and 5(2) of Regulation (EU) No 1024/2013. Resolution authorities designated by Member States pursuant to Directive 2014/59/EU of the European Parliament and of the Council ¹⁰ and the Single Resolution Board should also be added as possible addressees. Regulation (EU) No 1092/2010 requires that those warnings and recommendations be transmitted to the Council and the Commission and, where addressed to one or more national supervisory authorities, to the European Supervisory Authority (European Banking Authority), established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council ¹¹ , to the European Supervisory Authority (European Insurance and Occupational Pensions Authority), established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council ¹² and to the European Supervisory Authority (European Securities and Markets Authority), established by Regulation (EU) No 1095/2010 of the European Parliament and of the Council ¹³ (hereinafter collectively referred to as the ‘ESAs’). To strengthen democratic control and transparency, the ESRB’s warnings and recommendations should also be transmitted to the European Parliament and to the ESAs. Where appropriate, the General Board should require that an agreement be concluded to ensure confidentiality when confidential or non-public warnings or recommendations are being transmitted.