Duties to inform in crisis situations

Where a crisis situation arises, including a situation within the meaning of Article 18 of Regulation (EU) No 1093/2010 or adverse market developments that could jeopardise market liquidity and the stability of the financial system in any of the state parties in which undertakings of a securities institution group are authorised, the Bundesanstalt, where it is competent under section 56 for supervision on a consolidated basis or for monitoring compliance with the group capital test, without delay notifies the European Banking Authority, the European Systemic Risk Board and all relevant competent bodies within the European Economic Area, and transmits to those bodies all information essential for the performance of their tasks.