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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 September 2021 - onwards

Regulation 14 Cooperation arrangements with third countries for the exchange of information

(1) The Bank may conclude a cooperation arrangement with any of the persons specified in paragraph (2) for the purpose of -

(a) performing the Bank’s supervisory tasks pursuant to these Regulations or Regulation (EU) 2019/2033, or

(b) exchanging information,

where the information disclosed pursuant to that arrangement is subject to guarantees of professional secrecy that are at least equivalent to those provided for in Regulation 13.

(2) The persons referred to in paragraph (1) are -

(a) third-country supervisory authorities, and

(b) third-country authorities or bodies responsible for the following tasks:

(i) the supervision of financial institutions and financial markets, including the supervision of financial entities licensed to operate as central counterparties, where central counterparties have been recognised under Article 25 of Regulation (EU) No 648/2012 of the European Parliament and of the Council;

(ii) the liquidation and bankruptcy of investment firms and similar procedures;

(iii) oversight of the bodies involved in the liquidation and bankruptcy of investment firms and similar procedures;