Commission Implementing Regulation (EU) 2015/2014 of 11 November 2015 laying down implementing technical standards with regard to the procedures and templates for the submission of information to the group supervisor and for the exchange of information between supervisory authorities in accordance with Directive 2009/138/EC of the European Parliament and of the Council (Text with EEA relevance) (c. 2014)

Article 2 U.K. Time-limit for information exchange

1. For any information exchange either on a systematic or on an ad hoc basis the supervisory authorities in the college of supervisors shall agree upon a time limit.

2. Deviations from the agreed time limit shall be communicated to the supervisory authorities concerned in advance with appropriate justification.