(1) On receiving a request to which paragraph (2) applies from a foreign authority, the supervisory authority may exercise the power conferred by regulation 66, and for these purposes, regulation 66 has effect as if it also referred to information and documents reasonably required by the supervisory authority to meet such a request.
(2) This paragraph applies if the request is made by the foreign authority in connection with the exercise by that authority of -
(a) functions provided for in the fourth money laundering directive;
(b) functions provided for in the funds transfer regulation; or
(c) functions provided for in the law of a third country equivalent to those provided for in the fourth money laundering directive or the funds transfer regulation.
(3) In deciding whether or not to exercise its powers under regulation 66 in response to a request, the supervisory authority may take into account in particular -
(a) whether, in the territory of the foreign authority concerned, corresp
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