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Recital 6

Recital 6

(6)In accordance with Article 6(2) of Regulation (EU) No 1024/2013 and Article 21 of Regulation (EU) No 468/2014 (ECB/2014/17), both the ECB and NCAs are subject to an obligation to exchange information. Without prejudice to the ECB’s power to directly receive information from credit institutions or have direct access to that information on an ongoing basis, NCAs should specifically provide the ECB with all information necessary for the purposes of carrying out the tasks conferred on the ECB by Regulation (EU) No 1024/2013, having regard to the need to coordinate among authorities in order to submit only one set of data per Member State.

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