S.L. 403.14 Art. 13BCollaboration platforms.

(1)Without prejudice to any of its powers under these regulations or any other law and to the right of the competent authority to set up a collaboration platform with other relevant European regulatory authorities where they jointly so agree, the competent authority may request EIOPA to set up and coordinate a collaboration platform to strengthen the exchange of information and to enhance collaboration between the relevant European regulatory authorities including the competent authority. The competent authority may request to set up the said collaboration platform where a Maltese insurance undertaking or Maltese reinsurance undertaking carries out activities in exercise of a European right and where:

(a) such activities are of relevance with respect to another host Member State's market;

(b) a notification by the competent authority of deteriorating financial conditions or other emerging risks has been made under regulation 13A(1); or

(c) the matter has been referred to EIOPA by the competent authority under regulation 13A(2) or by a relevant European regulatory authority in terms of Article 152a(2) of the Solvency II Directive.

(2) Without prejudice to Article 35 of Regulation (EU) No 1094/2010, at the request of EIOPA, the competent authority shall provide to EIOPA all the necessary information in a timely manner to allow for the proper functioning of the collaboration platform.