Cooperation in relation to enforcement and sanctions. Upon request, each Authority will inform the other of non-public administrative pecuniary penalties, enforcement or sanction decisions in respect of a cross border establishments or in respect of supervised entities insofar as it relates to the operation of cross-border establishments in that jurisdiction13• The above mentioned information will be given as far as practicable and subject to applicable laws and regulations, and in accordance with the principles set out in this Memorandum of Understanding.
Cooperation in relation to enforcement and sanctions. 1. Upon request, the ECB and the Authorities will inform each other of any decision on non-public administrative pecuniary penalties, enforcement or sanctions in respect of a cross-border establishment or in respect of a supervised institution insofar as it relates to the operation of a cross-border establishment in the jurisdiction of the ECB or an Authority, as applicable.
Cooperation in relation to enforcement and sanctions. Upon request, each Authority will inform the other of non-public administrative pecuniary penalties, enforcement or sanction decisions in respect of cross-border establishments or in respect of supervised entities insofar as they relate to the operation of cross-border establishments in that jurisdiction10. 10 For the requests addressed to the ECB, this means that the ECB may only share information related to administrative pecuniary penalties imposed pursuant to Article 18(1) of the SSM Regulation, and sanctions imposed pursuant to Article 18(7) of the SSM Regulation. The abovementioned information will be given as far as practicable and subject to the applicable laws and regulations, and in accordance with the principles set out in this Memorandum of Understanding.
Cooperation in relation to enforcement and sanctions. 8.1. Upon request, each Authority will inform the other of non-public administrative pecuniary penalties, enforcement or sanction decisions in respect of a cross border establishments or in respect of supervised entities insofar as it relates to the operation of cross-border establishments in that jurisdiction13 . 13 For the requests addressed to the ECB, this means thai the ECB may only share information related to administrative pecuniary penalties imposed pursuant to Article 18(1) of the SSM Regulation, and sanctions imposed pursuant to Article 18(7) of the SSM Regulation.
