S.L. 386.11 Art. 7Cooperation with other regulatory authorities and ESMA.

(1) The Registrar shall cooperate with other regulatory authorities for the purpose of assisting them in carrying out their duties and making use of their powers, particularly for the following purposes:

(a) exchange of information and cooperation when an issuer has more than one home regulatory authority;

(b) transfer of the approval of a prospectus to the regulatory authority of another Member State or EEA State.

(2) The Registrar may refer to ESMA any case where a request for cooperation, in particular a request to exchange information, has been rejected or has not been acted upon within a reasonable time.