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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 3 January 2018 - onwards
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Regulation 133 Reciprocal duties of competent authorities respecting misconduct by regulated entities in other Member States

Revoked from 3 January 2018

(1) If the Bank has good reason to suspect that acts contrary to these Regulations or to the Directive, are or have been carried out by entities not subject to the Bank's supervision in the territory of another Member State, the Bank shall notify the competent authority of the other Member State and ESMA.

(2) Paragraph (1) is without prejudice to the competencies of the Bank under these Regulations or the Directive.

(3) Where the Bank receives information pursuant to Article 56(4) of the Directive from the competent authority of another Member State the Bank shall -

(a) take appropriate action, and

(b) inform the notifying competent authority and ESMA of -

(i) the outcome of the action, and,

(ii) to the extent possible, of significant interim developments.

(4) Paragraph (3) is without prejudice to the competencies of the notifying competent authority.

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