(1) The Bank and IAASA shall each -
(a) co-operate with the competent authorities of other Member States, designated under the Directive, whenever necessary, for the purpose of the performance by each of the competent authorities of the Member States (including the Bank or IAASA, as appropriate) of their functions and the making use of their powers (whether set out in the Directive, transparency (regulated markets) law or the measures for the time being adopted by another Member State to implement the Directive), and
(b) render assistance to competent authorities of other Member States in the performance of their functions (whether set out in the Directive or the measures for the time being adopted by another Member State to implement the Directive).
(c) In the exercise of their powers under Part 10, the Bank and IAASA shall -
(i) cooperate with competent authorities in other Member States to ensure that sanctions imposed or measures taken are implemented, and
(ii) coordinate their act
…