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European Union -
Financial Conglomerates Directive
Article 14
Access to information
1. Member States shall ensure that there are no legal impediments
within their jurisdiction preventing the natural and legal persons
included within the scope of supplementary supervision, whether or
not a regulated entity, from exchanging amongst themselves any
information which would be relevant for the purposes of
supplementary supervision.
2. Member States shall provide that, when approaching the entities
in a financial conglomerate, whether or not a regulated entity,
either directly or indirectly, their competent authorities
responsible for exercising supplementary supervision shall have
access to any information which would be relevant for the purposes
of supplementary supervision.
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