Common use of On-going coordination Clause in Contracts

On-going coordination. cooperation 1. In addition to the cooperation within the framework of colleges of supervisors as specified in Article 10, the Authorities may conduct regular meetings, as appropriate, to discuss general supervisory and coordination matters, issues concerning supervised entities that maintain cross-border establishments in their respective jurisdictions, and to review the effectiveness of this MoU. 2. The Authorities may also convene ad-hoc meetings to promote addressing supervisory problems concerning a cross-border establishment in the respective other jurisdiction, whenever either side reasonably requests on the basis that it has a material supervisory concern. 3. To facilitate the ongoing supervision of the supervised entities and their cross-border establishments, the Authorities may agree to establish supervisory examination programmes for specific supervised entities with cross-border establishments, where relevant within the framework of colleges of supervisors and following the processes specified in the WCCA. Such supervisory examination programmes may, where agreed, cover relevant tasks and activities, such as: a. pre-planned meetings between authorities, including through the framework of colleges of supervisors; b. pre-planned on-site examinations of the supervised entities and cross-border establishments; c. pre-planned supervisory visits to the supervised entities and cross-border establishments; d. pre-planned activities within the colleges of supervisors.