4a. By 31 December 2014, the Commission shall consult the ESAs, the ESCB, the ESRB
and other relevant parties to review the effectiveness of information-sharing arrangements under this Directive, in particular under Title VII, Chapter 1, Section 2 and will formulate proposals, as appropriate, to further develop these provisions and/or arrangements, in particular, taking into account the significant information-related sy
nergies between the central banking and the prudential supervisory functions, both in normal times and during times
...[+++]of stress.