Art. 26 · Obligation to cooperate

Version in force 1 June 2011, Modified +109 −346§

Amended by Regulation (EU) No 513/2011 32011R0513 on EUR-Lex (external, EUR-Lex)

Applies from: no date changed

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison and the EU's own amendment metadata found this change; the amending act's instructions do not mention it. The source that does not name it is the amending act's instructions. All are shown; none is overruled.

Explanation, written by a model and checked against the cited text

The provision no longer contains two separate numbered paragraphs, replacing them with a single sentence naming ESMA, EBA, EIOPA, the competent authorities and the sectoral competent authorities as the bodies with the obligation to cooperate, in place of the earlier text which referred only to the competent authorities cooperating with each other and with those supervising the undertakings referred to in Article 4(1).

The cooperation is now stated to be needed for the purposes of this Regulation and for those of the relevant sectoral legislation, whereas before it was tied to the purposes of this Regulation and to cases where investigated conduct might not infringe any legislative or regulatory provision in force in the Member State concerned.

Cited: Art. 26, v1 (external, EUR-Lex) · Art. 26, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 26
Obligation to cooperate
1. The competent authorities shall cooperate where it is necessary for the purposes of this Regulation, including in cases where the conduct under investigation does not constitute an infringement of any legislative or regulatory provision in force in the Member State concerned.
2. The competent authorities shall also cooperate closely with the competent authorities responsible for supervision of the undertakings referred to in Article 4(1).

Article 26
Obligation to cooperate
ESMA, EBA, EIOPA, the competent authorities and the sectoral competent authorities shall cooperate where it is necessary for the purposes of this Regulation and for those of the relevant sectoral legislation.