lexiara

Article 39

A competent authority may request the assistance of another competent authority with regard to on-site inspections or investigations. The competent authority receiving the request shall cooperate to the extent possible and appropriate. A competent authority making a request referred to in paragraph 1 shall inform ESMA thereof. In the event of an investigation or inspection with cross-border effect, the competent authorities may request ESMA to coordinate the on-site inspection or investigation. Where a competent authority receives a request from another competent authority to carry out an on-site inspection or an investigation, it may: carry out the on-site inspection or investigation itself; allow the competent authority which submitted the request to participate in the on-site inspection or investigation; appoint auditors or experts to support or carry out the on-site inspection or investigation.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.