(1) The Bank is designated as the competent authority in the State -
(a) responsible for carrying out the functions and duties of a competent authority referred to in Regulation 648/2012, and
(b) in respect of its functions and duties under these Regulations.
(2) In the case of pension scheme arrangements that are monitored and supervised by the Pensions Authority, in accordance with the provisions of the Pensions Acts 1990 to 2013, the Pensions Authority shall, where requested in writing by the Bank, provide the Bank with such assistance and information as is necessary to enable the Bank to perform its functions under Regulation 648/2012 and these Regulations.