(1) The Bank may perform any of its functions under the relevant community acts -
(a) directly,
(b) in collaboration with other authorities or market undertakings,
(c) by delegation in accordance with paragraph (2), or
(d) by application to the Court.
(2) The Bank may delegate in writing to such other authorities or market undertakings as it considers appropriate any one or more of its functions under the Market Abuse Regulation or these Regulations subject to such conditions as are specified in the delegation.
(3) A delegation under this Regulation shall not prevent the performance by the Bank of the function delegated.
(4) Notwithstanding any delegation under this Regulation, the final responsibility for supervising compliance with the relevant community acts and these Regulations shall be with the Bank.