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In this act Article 8 of 11

Article 8 — Cooperation procedures

Financial servicesLevel 2ITSMiCAIn forceOfficial source

8(1)

1.Where ESMA or EBA are requested under Article 95(5) of Regulation (EU) 2023/1114 to coordinate an investigation or inspection with cross-border effect, ESMA or EBA may establish a temporary group on an ad hoc basis to include the competent authorities of the Member States affected by that investigation or inspection.

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8(2)

2.When participating in temporary groups referred to in paragraph 1, ESMA and EBA shall consult each other regularly.

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