4.

▌Article 35 is replaced by the following: ‘ Article 35 Collection of information 1. At the request of the Authority, the competent authorities shall provide the Authority with all the necessary information in specified formats to carry out the duties assigned to it by this Regulation, provided that they have legal access to the relevant information ▌. The information must be accurate, coherent, complete and timely. 2. The Authority may also request information to be provided at recurring intervals and in specified formats or comparable templates approved by the Authority . Such requests shall, where possible, be made using common reporting formats. 3. Upon a duly justified request from a competent authority, the Authority shall provide any information that is necessary to enable the competent authority to carry out its duties, in accordance with the professional secrecy obligations laid down in sectoral legislation and in Article 70. 4. Before requesting information in accordance with this Article and in order to avoid the duplication of reporting obligations, the Authority shall take account of any relevant existing statistics produced and disseminated by the European Statistical System and the European System of Central Banks. 5. Where information is not available or is not made available by the competent authorities in a timely fashion, the Authority may address a duly justified and reasoned request to other supervisory authorities, to the ministry responsible for finance where it has at its disposal prudential information, to the national central bank or to the statistical office of the Member State concerned. 6. Where complete or accurate information is not available or is not made available under paragraph 1 or 5, in a timely fashion, the Authority may request information, by way of a duly justified and reasoned request, directly from: (a) relevant financial institutions, (b) holding companies and/or branches of a relevant financial institution, (c) non-regulated operational entities within a financial group or conglomerate that are significant to the financial activities of the relevant financial institutions. The addressees of such a request shall provide the Authority with clear, accurate and complete information promptly and without undue delay. The Authority shall inform the relevant competent authorities of requests in accordance with this paragraph and with paragraph 5. At the request of the Authority, the competent authorities shall assist the Authority in collecting the information. 7. The Authority may use confidential information received pursuant to this Article only for the purposes of carrying out the duties assigned to it by this Regulation. 8. Where the addressees of a request in accordance with paragraph 6 do not provide clear, accurate and complete information promptly, the Authority shall inform the ECB when applicable and shall inform the relevant authorities in Member States concerned which, subject to national law, shall cooperate with the Authority with a view of ensuring full access to the information and to any originating documents, books or records to which the addressee has legal access in order to verify the information. ’;