Recital 16

(16)To facilitate the collection and sharing of the relevant information within the college of supervisors, members of the college of supervisors should exchange all information necessary to facilitate the exercise of the tasks of the college of supervisors referred to in Articles 112 and 113 of Directive 2013/36/EU. For the same purpose, the consolidating supervisor should share with the members of the college of supervisors information received from the college established in accordance with Article 119(1) of Regulation (EU) 2023/1114 of the European Parliament and of the Council ⁷ , where that information is relevant for the performance of the tasks referred to in Article 112 of Directive 2013/36/EU, in particular for the planning and coordination of supervisory activities and for the tasks referred in Article 113 of that Directive, in particular for performing the group risk assessment and reaching joint decisions.