1. The Advisory Technical Committee shall be composed of:
(a)
a representative of each national central bank and a representative of the ECB;
(b)
one representative per Member State of the competent national supervisory authorities, in accordance with the second subparagraph;
(c)
a representative of the European Supervisory Authority (European Banking Authority);
(d)
a representative of the European Supervisory Authority (European Insurance and Occupational Pensions Authority);
(e)
a representative of the European Supervisory Authority (European Securities and Markets Authority);
(f)
two representatives of the Commission;
(g)
a representative of the EFC; and
(h)
a representative of the Advisory Scientific Committee.
The supervisory authorities of each Member State shall choose one representative in the Advisory Technical Committee. With regard to the representation of national supervisory authorities under point (b) of the first subparagraph, the respective representatives shall rotate depending on the item discussed, unless the national supervisory authorities of a particular Member State have agreed on a common representative.
2. The Chair of the Advisory Technical Committee shall be appointed by the General Board following a proposal from the Chair of the ESRB.
3. The Advisory Technical Committee shall provide advice and assistance to the ESRB in accordance with Article 4(5) at the request of the Chair of the ESRB.
4. The ESRB Secretariat shall support the work of the Advisory Technical Committee and the head of the Secretariat shall participate in its meetings.
5. The Advisory Technical Committee shall be provided with all necessary means in order to successfully complete its tasks.