Cap. 514 Art. 43Co-operation with overseasregulatory authorities and EIOPA.

(1) The competent authority may exercise the following powers at the request of or for the purposes of assisting an overseas regulatory authority:

(a) the power to impose, revoke or vary conditions on the licence granted pursuant to the provisions of article 9(3);

(b) the power to cancel or suspend a licence under article 10(1);

(c) the power to require information and documentation under article 39;

(d) the power to appoint inspectors under article 40;

(e) the powers of intervention under article 41;

(f) the powers of entry under article 42;

(2) The competent authority shall exercise powers by virtue of this article:

(a) where the assistance is requested by the overseas regulatory authority for the purpose of the exercise of one or more of its regulatory functions; or

(b) where so required within the terms of Malta’s international commitments; or

(c) where so required within the terms of undertakings assumed in bilateral or multilateral agreements for the exchange of information and other forms of collaboration with overseas regulatory authorities, including a request arising under a memorandum of understanding concluded with the competent authority.

(3) The competent authority shall cooperate with EIOPA for the purposes of the Occupational Pensions Directive in accordance with Regulation (EU) No 1094/2010. The competent authority shall, without delay, provide EIOPA with all information necessary to carry out its duties under the Occupational Pensions Directive and under Regulation (EU) No 1094/2010, in accordance with Article 35 of that Regulation.