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By 2 January 2014, and every 3 years thereafter, the Commission shall publish a general report on the experience acquired as a result of the operation of the Authority and the procedures laid down in this Regulation. That report shall evaluate, inter alia: the convergence in supervisory practices reached by competent authorities: the convergence in functional independence of the competent authorities and in standards equivalent to corporate governance; the impartiality, objectivity and autonomy of the Authority; the functioning of the colleges of supervisors; the progress achieved towards convergence in the fields of crisis prevention, management and resolution, including Union funding mechanisms; the role of the Authority as regards systemic risk; the application of the safeguard clause established in Article 38; the application of the binding mediation role established in Article 19.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.