Exchange of information with authorities and ministries of other Member States

(1) Subject to sections 4 to 10, the resolution authority and the supervisory authority transmit to resolution authorities and supervisory authorities in other Member States, on request, all information relevant for performing the functions conferred on them by Directive 2014/59/EU. In particular, the resolution authority provides resolution authorities in other Member States, in good time, with all relevant information to facilitate their exercise of the tasks referred to in section 156(1), second sentence, points 2 to 9. Where the resolution authority is the authority responsible for group resolution, the resolution authority coordinates the exchange of all relevant information between the resolution authorities.
(2) Before passing on information originating from the resolution authority of a third country, the resolution authority asks the resolution authority of the third country whether it consents to the information being passed on, unless the resolution authority of the third country has already previously consented to the information being passed on.
(3) The resolution authority is entitled to pass on information originating from the resolution authority of a Member State or a third country to the Federal Ministry of Finance, where the information relates to a decision or matter that requires notification to the Federal Ministry of Finance, or that requires the consultation or consent of the Federal Ministry of Finance, or that could have effects on public finances.