# Recital 80 *In force · Regulation (EU) 2024/1620, OJ L, 2024/1620, 19.6.2024 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg/2024/1620/oj/eng)* Partnerships for information sharing have become increasingly important cooperation and information exchange fora between competent authorities and obliged entities in some Member States. Given the Authority’s mandate in preventing and detecting money laundering, its predicate offences and terrorist financing, it should be possible for the Authority to set up a partnership for information sharing in order to pursue that goal. Information exchanged within the scope of a partnership for information sharing should be consistent with the scope of the Authority’s mandate. Where the Authority would act as direct supervisor of selected obliged entities or in support to FIUs which are part of a partnership for information sharing in any Member State, it could be beneficial for the Authority to also participate therein, under the conditions determined by the relevant national public authority or authorities that set up such partnership for information sharing and with their express agreement.