Cooperation in relation to enforcement and sanctions Sample Clauses

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 jurisdiction1819• 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.
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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. 2. 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. 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.

Related to Cooperation in relation to enforcement and sanctions

  • Law Enforcement 24.1 Each Party may cooperate with law enforcement authorities and national security authorities to the full extent required or permitted by Applicable Law in matters related to Services provided by it under this Agreement, including, but not limited to, the production of records, the establishment of new lines or the installation of new services on an existing line in order to support law enforcement and/or national security operations, and, the installation of wiretaps, trap-and-trace facilities and equipment, and dialed number recording facilities and equipment. 24.2 A Party shall not have the obligation to inform the other Party or the Customers of the other Party of actions taken in cooperating with law enforcement or national security authorities, except to the extent required by Applicable Law. 24.3 Where a law enforcement or national security request relates to the establishment of lines (including, but not limited to, lines established to support interception of communications on other lines), or the installation of other services, facilities or arrangements, a Party may act to prevent the other Party from obtaining access to information concerning such lines, services, facilities and arrangements, through operations support system interfaces.

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