(1) The Bank may for the proper and effective supervision of persons that are subject to Regulation 648/2012 and these Regulations, and having had regard to the matters set out in paragraph (2) -

(a) by notice which does not identify any counterparty -

(i) generally on its website, and

(ii) in the Irish Oifigúil, or

(b) by notice in writing issued to counterparties concerned, require counterparties to -

(i) not later than the expiry of the period specified in the notice for such appointment, appoint a third party assessor,

(ii) not later than the expiry of the period specified in the notice for such requirement, require a third party assessor appointed to the counterparty concerned to objectively assess whether the EMIR regulatory return has been prepared and completed in compliance with these Regulations, including any rules or standards issued by the Bank under Regulation 13, and