Common use of Cooperation and information exchange in relation to enforcement Clause in Contracts

Cooperation and information exchange in relation to enforcement. 1. The Authorities recognise that there may be circumstances in which either of them wishes to take enforcement action in a situation where the other Authority has a regulatory interest. The Authorities intend to cooperate in carrying out enforcement actions to the extent possible under their applicable legal frameworks.

Cooperation and information exchange in relation to enforcement. 1. The Authorities recognise that there may be circumstances in which either any of them wishes to take enforcement action in a situation where the other another Authority has a regulatory interest. The relevant Authorities intend to cooperate in carrying out enforcement actions to the extent possible under their applicable legal frameworks.