--- title: "Article 23 — Cooperation between authorities" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117" source_retrieved: 2026-10-11 shortTitle: "Article 23 — Cooperation between authorities" instrument_type: level1_regulation authority: Commission binding: true binding_character: binding mica_level2: false legal_basis: "Regulation (EU) No 648/2012" instrument: emir celex: "32012R0648" regulation: EMIR regulation-full: "Regulation (EU) No 648/2012" article: 23 status: in_force object_id: eu.emir.legal_text.article.23 text_version: "Consolidated version of 17 January 2025" source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117" check_status: matched verified: true last_checked: 2026-11-09 --- *In force · Consolidated version of 17 January 2025 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02012R0648-20250117)* 1. Competent authorities shall cooperate closely with each other, with ESMA and, if necessary, with the ESCB. 2. Competent authorities shall, in the exercise of their general duties, duly consider the potential impact of their decisions on the stability of the financial system in all other Member States concerned, in particular the emergency situations referred to in [Article 24](24.md), based on the available information at the time. *** [Title III — Authorisation and supervision of CCPs](../titles/iii.md) · [← Article 22](22.md) · [Article 23a →](23a.md)