Article 128 Cooperation and information exchange among institutions and authorities

The competent authorities and resolution authorities shall cooperate with EBA for the purposes of this Directive in accordance with Regulation (EU) No 1093/2010.

EBA, the Single Resolution Board and the ECB shall provide the Commission, upon its request, with the information necessary for the performance of its tasks related to policy development, including the carrying out of impact assessments, the preparation of legislative proposals, and the participation in the legislative process. Where appropriate, EBA, the Single Resolution Board and the ECB shall coordinate with resolution authorities, national competent authorities and other members of the European System of Central Bank, in accordance with their cooperation framework.

The resolution authorities, the national competent authorities and the members of the European System of Central Banks other than the ECB shall provide the Commission, upon its request, with the information referred to in paragraph 2 of this Article where such information is not available to EBA, the Single Resolution Board or the ECB, or where they cannot provide the information within a reasonable timeframe. The request shall be proportionate, justified and ensure a reasonable timeframe for the provision of the information. The information shall be provided in a form that does not allow for the identification of individual entities and does not contain personal data. The Commission and its staff shall be subject to the requirements of professional secrecy laid down in Article 84 with regard to the information received.