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Recital 18

Recital 18

(18)When dealing with an emergency situation, members of the college of supervisors, under the coordination of the consolidating supervisor, should develop a coordinated supervisory assessment of the situation, agree on a coordinated supervisory response and monitor the implementation of their response to ensure that the emergency situation is properly assessed and addressed. Members of the college of supervisors should also ensure that any external communication is done in a coordinated way and covers elements which are agreed ex ante between the members of the college.

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