Recital 15

(15) In some situations, for instance when entities established in various Member States are involved, operations might require multiple notifications and assessments from different competent authorities, and therefore require efficient cooperation among those authorities. It is therefore necessary to specify cooperation obligations, in particular early cross-border notifications, smooth exchange of information, including with authorities responsible for anti-money laundering or counter-terrorist financing, and coordination in the assessment process.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.